ACC2065 : Tax Compliance
- Offered for Year: 2024/25
- Module Leader(s): Mrs Helen Currie
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
| European Credit Transfer System | |
Aims
• To understand the tax implications of a course of action
• To explain potential tax treatments of transactions
• To prepare tax computations for individuals and companies
Outline Of Syllabus
• Ethical issues arising in the course of performing tax work
• Obligations the UK system of taxes imposes on taxpayers and implications for taxpayers of noncompliance
• Income tax for individuals
• Capital gains tax for individuals
• Inheritance tax
• National insurance
• Corporation tax
• VAT
• Stamp taxes
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 50:30 | 50:30 | N/A |
| Scheduled Learning And Teaching Activities | Lecture | 1 | 3:30 | 3:30 | PIP mock exam |
| Scheduled Learning And Teaching Activities | Lecture | 30 | 2:00 | 60:00 | PIP lectures |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | PIP seminars |
| Guided Independent Study | Independent study | 1 | 80:00 | 80:00 | N/A |
| Total | 200:00 |
Teaching Rationale And Relationship
The syllabus requires students to master a wide range of taxation principles, rules and techniques, and then to apply these to given taxation scenarios. Helping students acquire this competence is best achieved by structured guided learning to help master the topics, with scheduled small group teaching to assist the application and to form part of the formative assessment.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 150 | 2 | A | 100 | Organised in house by NUBS in BAF Assessment Period. |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | Practice questions are provided |
| Prob solv exercises | 2 | M | Practice questions are provided |
| Written Examination | 2 | M | Mock exam |
Assessment Rationale And Relationship
Unseen examination is required to match professional recognition requirements.
There are no alternative assessments. Accreditation requires in-person invigilated assessments by virtue of this module forming part of the ICAEW "Golden Four" assessments.
Students will receive feedback on their progress through undertaking structured guided learning, engagement with the seminars and submission of their mock exam.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ACC2065's Timetable