Programme/Approved Electives for 2020/21
None
Available as a Free Standing Elective
Yes
This module will introduce students to the context and operations of the U.K. tax system. It will include developing knowledge of V.A.T. and National Insurance contributions and the preparation of income tax, chargeable gains and corporation tax computations, and tax planning. It will prepare students for further studies in accounting and it will also provide transferable skills. It aims to develop a number of graduate attributes including problem solving, research skills, critical evaluation, teamwork and leadership skills. It aims to develop knowledge and skills to obtain exemptions from professional accounting examinations.
Aims
This module will introduce students to the operations of the U.K. tax system. It will include the preparation of income tax and corporation tax computations, and tax planning. It will prepare students for further studies in accounting and it will also provide transferable skills.
Talis Aspire Reading ListAny reading lists will be provided by the start of the course.http://lists.lib.keele.ac.uk/modules/man-20054/lists
Intended Learning Outcomes
explain the operations of the U.K. tax system and critically appraise the context: 1,2demonstrate competence in preparing tax computations: 1,2explain tax compliance regulations and demonstrate knowledge of the role of accounting professionals: 1,2explain the principles of value added tax: 1,2describe the process of tax planning and apply to practical scenarios: 1,2
Lecture 18 hoursTutorials 6 hoursPrivate study 124 hoursExam 3.5 hours
Description of Module Assessment
1: Exam weighted 60%2 hour examination - Online ExamAssessment 2 is a take-away exam which will be available on KLE for 24-hours to answer and submit your answer via Turnitin File. Although students have been given significant time to complete this exam script, we expect most students to spend no more than 3 hours to complete and submit their answers via Turnitin (with a maximum of 2000 words). Answers should be as accurate and concise as possible.
2: Exam weighted 40%Computer based assessment (mid term) - Online ExamMid Term Assessment - Assessment 1 is a 90-minutes computer-based test which will be available on KLE for 24-hours to answer and submit your answers. Students should know that they will have 24-hours access to their computer-based test, but when they start the test they should finish and submit their answer in 90-minutes, otherwise the KLE will submit their answer automatically via KLE. Answers should be as accurate and concise as possible.