Course Details in

Module Title	LH Advanced Taxation
School	Birmingham Business School
Department	Accounting
Module Code	07 24738
Module Lead	A. Lymer
Level	Honours Level
Credits	20
Semester	Semester 1
Pre-requisites	LI Taxation - (07 25622)
Co-requisites
Restrictions	As a compulsory module: BSc. Accountancy
Exclusions
Description	The aim of this module is to develop a thorough understanding of the main UK taxes that affect businesses and individuals and those that apply in specific situations. The module aims to enable students to calculate various tax liabilities and to equip students with the ability to advise and conclude on the tax implications of different business scenarios.
Learning Outcomes	By the end of the module students should be able to: Explain the key aspects of the administration of the tax system Prepare a tax adjusted trading profit (or loss) computation Construct an individual's tax liability Advise on an individual's income tax liability Construct chargeable gains computations for individuals and companies Advise on chargeable gains Construct a company's corporation tax liability Advise a company on tax planning opportunities Prepare VAT calculations for common business transactions Prepare stamp tax liabilities Prepare inheritance tax computations Integrate best practice and the Code of Ethics when dealing with clients and HMRC Explain the main aspects of environmental taxes Advise clients on technical issues explained in an easily understandable way Identify, develop and evaluate key business scenarios from a tax perspective Be able to research tax technical issues using the tax legislation Preparing and structuring reports which are tailored appropriately to the identified recipients Recommend the most appropriate taxation solution given a number of alternatives Appraise a suggested solution, discussing the advantages and disadvantages of such an approach
Assessment	24738-01 : Exam taken with ICAS : Exam (School Arranged) - Written Unseen (100%)
Assessment Methods & Exceptions	Assessments: A written examination of 2 x 2 ¼ hour papers.
Other
Reading List