Accounting and Finance

Advanced Taxation (UK)

Module code: N1593
Level 6
15 credits in autumn semester
Teaching method: Workshop, Lecture
Assessment modes: Unseen examination, Coursework

This module will follow on from N1521 Taxation, giving you a broader range of tax knowledge and inviting them to consider the objectives and implications of taxation systems in general. The technical content will be compatible with the requirements of professional bodies.

You will develop the skills to compute taxes for individuals, single companies and groups of companies. Issues involved in preparing taxes for corporations engaged in International Trade and for Multinational Corporations will also be covered.

Module learning outcomes

• Critically evaluate the principles of tax planning (by taxpayers)
• Analyse income and capital taxes for individuals, companies and groups of companies
• Analyse inheritance tax (individuals), national insurance contributions (employees, employers and the self-employed) and value added tax (incorporated and unincorporated businesses)
• Analyse the ethical responsibilities of the tax advisor when undertaking tax planning on behalf of their clients