Course Information Package
|Course Unit Title||TAXATION I|
|Course Unit Code||ABSA413|
|Course Unit Details|
|Number of ECTS credits allocated||5|
|Learning Outcomes of the course unit||By the end of the course, the students should be able to:|
|Mode of Delivery||Face-to-face|
|Recommended optional program components||NONE|
Capital Gains Tax: Examine the scope of this tax. Prepare computations for the tax and recognise the administration of the tax.
Corporation tax: Construct computations involving basic aspects (such as taxable income, losses). Rental income assessments. Capital allowances.
Overview of tax system: Identify the structure of the tax system in
VAT: Evaluate the basic principles of VAT for individuals and companies. Registration and deregistration. Tax point theory. Computations of VAT.
Income tax and business tax: Assess the basic principles of income tax. Prepare income tax computations for individuals involving both basic principles and advanced aspects. Rental income assessments.
Tax planning: Applying tax planning solutions for individuals and companies concerning: corporation tax, income tax, husband and wife cases, capital gains tax and VAT.
|Recommended and/or required reading:|
|Planned learning activities and teaching methods||The taught part of course is delivered to the students by means of lectures. Lecture notes and presentations are available through the web for students to use in combination with the textbooks. |
Lectures are supplemented with class exercises carried out in class and via homework. The students will be asked to complete an assignment during the course.
|Assessment methods and criteria|
|Language of instruction||English|