Modules

Core Module Information
Module title: Taxation
SCQF level: 09:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: ACC09103
Module leader: Suki Kaur
School The Business School
Subject area group: Accounting and Finance
Prerequisites

There are no pre-requisites for this module to be added
Description of module content:

The module will include a review of technical aspects of taxation in addition to calculations based on practical scenarios. Module content, updated each year to incorporate the new Finance Act, will include the likes of:Introduction to the UK tax system, payments and penaltiesNational insurance contributionsIncome tax, including personal allowances, income from properties, and savings and investmentsIncome from employment and self-employmentCorporation taxCapital allowances, for both the self-employed and corporationsLoss reliefCapital gains tax, including chattels, shares and securities and principal private residence reliefInheritance taxValue added tax
Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Explain the principles and administration of UK taxation.

LO2: Prepare an income tax computation and calculate the tax liability of individuals.

LO3: Compute the corporation tax liability of a company.

LO4: Apply simple tax planning techniques within the above computations.
Full Details of Teaching and Assessment
2024/5, Trimester 1, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Suki Kaur
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 36 The lectures will provide oral presentations of technical content on taxation. This will include concepts, statistics, tax rates, theories, as well as example calculations which staff and students will attempt as a class walkthrough.
Face To Face Practical classes and workshops 24 The practicals will be a group session with tutor support whereby you will attempt questions in the core textbook and seek tutor guidance on any questions they completed incorrectly.
Online Guided independent study 140 This is an opportunity for you to work independently. To explore and better understand topics taught in lectures or discussed in practicals. This includes reading, studying lecture notes and the core textbook, practicing questions and examining journal articles or tax manuals.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Practical Skills Assessment 30 1~2~3~4 Week 8 HOURS= 1hr 45mins This is an in person class test, closed book, under examination conditions
Centrally Time Tabled Examination 70 1~2~3~4 Exam Period HOURS= 3 hours This is a final examination which takes place in person and is closed book.
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100
2024/5, Trimester 1, In Person,
VIEW FULL DETAILS
Occurrence: 002
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Suki Kaur
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 36 The lectures will provide oral presentations of technical content on taxation. This will include concepts, statistics, tax rates, theories, as well as example calculations which staff and students will attempt as a class walkthrough.
Face To Face Practical classes and workshops 24 The practicals will be a group session with tutor support whereby you will attempt questions in the core textbook and seek tutor guidance on any questions they completed incorrectly.
Online Guided independent study 140 This is an opportunity for you to work independently. To explore and better understand topics taught in lectures or discussed in practicals. This includes reading, studying lecture notes and the core textbook, practicing questions and examining journal articles or tax manuals.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Practical Skills Assessment 30 1~2~3~4 Week 8 HOURS= 1hr 45mins This is an in person class test, closed book, under examination conditions
Centrally Time Tabled Examination 70 1~2~3~4 Exam Period HOURS= 3 hours This is a final examination which takes place in person and is closed book.
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Indicative References and Reading List - URL:
Taxation
 

Related information