Taxation

• Credit value: 15 credits at Level 6
• Convenor: to be confirmed
  
• Tutor: Dabir Ahmed
• Prerequisite: Financial Reporting
• Assessment: a three-hour 15-minute examination (100%)

In this module we provide you with a framework through which you can understand the main features of the UK tax system from an individual and a business perspective. We will consider:

• income tax
• corporation tax
• capital gains tax
• VAT.

You will gain an appreciation of the effect of taxation on personal and business decisions and an understanding of the main economic and social considerations in the design of the UK tax system.

During the module we also explore theoretical and practical issues associated with selected taxation topics and critically evaluate taxation policy used in these areas.

By the end of this module, you will be able to:

• critically reflect upon aspects of political economic theory which underpin taxation
• demonstrate a critical and thorough analytical understanding of professional knowledge and theoretical techniques in the field of taxation to address practical business problems
• assess the tax liability of both individuals and business enterprises
• compare, contrast and integrate subject matter studied on related courses to demonstrate the multidisciplinary aspect of practical taxation problems.