Last modified: 05 Aug 2021 13:04
The aim of this course is to provide knowledge and understanding of the UK tax system and its administration. Students will gain an appreciation of direct taxes payable on income, profits, and other gains by both individuals and by corporations, and indirect taxes on spending. Knowledge application of the different taxes within the UK taxation system will be achieved by solving tax problems and computing tax liabilities.
|Session||Second Sub Session||Credit Points||15 credits (7.5 ECTS credits)|
This course examines the UK tax system and its administration. Students will study the regulation in relation to both direct and indirect taxes payable by individuals and corporations. Application of the regulation in practical contexts will be achieved through the solving of computational problems and calculating tax liabilities. Tax efficient use of exemptions and relief will be considered, with students gaining an awareness of the difference between tax evasion and tax avoidance
Information on contact teaching time is available from the course guide.
4x MC tests worth 50%.
1x Two-hour online end of course exam/test worth 50%.
Resit (for students who took the course in Academic Year 2020/21):
There are no assessments for this course.
|Knowledge Level||Thinking Skill||Outcome|
|Factual||Understand||Describe and explain the regulation relating to the UK direct and indirect taxes considered in the course.|
|Conceptual||Understand||Demonstrate an awareness of the administration of the UK tax system, ethical considerations and the difference between tax avoidance and tax evasion.|
|Conceptual||Apply||Apply knowledge of regulation relating to the different UK direct and indirect taxes considered in the course to identify tax efficient uses of exemptions and reliefs.|
|Conceptual||Apply||Apply knowledge of regulation relating to the different UK direct and indirect taxes considered in the course to computational problems to determine tax liability.|