1. Critically understand the role, structure and general principles of a nation’s taxation system.
Knowledge & Understanding

2. Explore the taxation and compliance obligations of individuals and businesses/companies.
Enquiry
Communication

3. Critically evaluate personal and business taxation computations for individuals and businesses - unincorporated and incorporated.
Knowledge & Understanding

4. Evaluate the reputational risks associated with legitimate tax evasion.
Analysis

1. Initial Assessment – MCQs (0.5hr) (15%) (LO1)

2. Individual report (1,500) words (60%) (LOs 2 & 4)

3. Online Exam (45 mins) (25%) (LO3)

This module introduces you to a country’s taxation system. You will be introduced to the legal framework, underlying principles, the administration bodies, the historic bases of taxation and the basic economics of taxation. Understanding tax havens and its implications and why they suit some business models and not others.

Taxation knowledge will be developed in the areas of personal and business taxation. You will be able to understand taxation computations for individuals, sole traders and limited companies including Income Tax, Corporation Tax and National Insurance or equivalents. You will also learn about the reputational risks associated with legitimate tax evasion and the evolution and purpose of tax.

Should organisations use taxation for competitive advantage? In this module you will explore the world of tax havens and discuss why they suit some business models and not others. You will also learn about the reputational risks associated with legitimate tax evasion and the evolution and purpose of tax.

This module will use tutor led and peer-to-peer learning sessions as a general pattern of introduction of a topic and provision of frameworks and models for student learning, followed by application by students to appropriate data or case study materials. Students will be expected to perform set exercises, these will include the analysis, discussion and presentation of case- based work both individually and as part of a learning group and will receive formative feedback.

You will undertake ‘formative’ assessments during the module to help you monitor your learning and provide you and us with ongoing feedback on your progress, that helps you prepare for the ‘summative assessment(s) during or at the end of the module.

Melville A, (2021). Taxation: Finance Act 2020. 26th Edition. FT Prentice Hall. ISBN 9781292360713
Lymer A and Oats L, (2020). Taxation: Policy and Practice. 26th Edition. Fiscal Publications. ISBN 978-1-906201-55-5.

https://www.linkedin.com/learning/accounting-foundations-2/income-taxes
https://www.linkedin.com/learning/reputation-risk-management

The University Library and Learning Resources - books and academic journals
The module website
Electronic data bases
Learning support materials
Internet
Forensic Accounting industry publications
A range of case studies

N/A