Course Description

Course Name

Taxation

Session: VGSS3122

Hours & Credits

20 SCQF Credits

Prerequisites & Language Level

Financial Accounting 1 or equivalent.

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

The course covers the main principles and practice of the major UK taxes.

The aims of the course are:

  • To explain the most important elements of the principal UK taxes
  • To develop a critical understanding of the different sources of tax law
  • To provide students with the knowledge and skills necessary to calculate income tax, corporation tax, capital gains tax, inheritance tax and value added tax liabilities
  • To meet the accreditation requirements of the appropriate accountancy professional bodies.


By the end of this course students will be able to:
1.Demonstrate a practical knowledge and understanding of the various UK taxes and methods of tax
collection.
2.Demonstrate a critical understanding of current tax and personal financial planning issues.
3.Show competence in performing computations of income tax, corporation tax, capital gains tax, inheritance tax and value added tax liabilities.
4.Show an ability to evaluate and interpret problems and to appreciate opportunities to plan to minimise tax liabilities.

 

*Course content subject to change