AF3D07 - Tax Compliance 01 Sep 2019 - 31 Jul 2027 | Version 2
Associated Module Information
| Module Code: | AF3D07 | ||
|---|---|---|---|
| Module Title: | Tax Compliance | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Rebecca Wright | ||
| Module Team: | Jared Davies | ||
| First Intended Intake: | SEP 2013 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 40 | Credit Level: | 6 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100831 - taxation | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 2 |
|---|---|
| Valid From | 01 Sep 2019 |
| Valid To | 31 Jul 2027 |
Module Aims
To enable students to prepare tax computations for individuals and companies in straightforward scenarios.
Content Summary
This module forms part of the ICAEW (ACA) Qualification as designed and examined by the ICAEW professional body. See Course Specification and Student Handbook for overall qualification structure. See the ICAEW website for detailed ACA syllabus documents:
Certificate Level:
https://www.icaew.com/-/media/corporate/files/learning-and-development/aca-evolved/syllabus/aca-certificate-level-2019-syllabus-v2.ashx?la=en
Professional Level:
https://www.icaew.com/-/media/corporate/files/learning-and-development/learningpartners/learningmaterials/aca-professional-level-2019-syllabus.ashx?la=en
Advanced Level:
https://www.icaew.com/-/media/corporate/files/learning-and-development/aca-evolved/syllabus/aca-advanced-level-2019-syllabus-v2.ashx?la=en
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 58 |
| Independent Study | 216 |
| Directed Study | 116 |
| Formative Assessment - Scheduled | 10 |
| Total Hours Selected | 400 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Recognise the ethical issues arising in the course of performing tax work and identify the obligations the UK system of taxation imposes on taxpayers and the implications for taxpayers of non-compliance. |
| LO2 | Calculate the amount of VAT owed by or owed to businesses |
| LO3 | Calculate the amount of stamp taxes due in straightforward transactions |
| LO4 | Calculate the capital gains tax payable by individuals |
| LO5 | Calculate the amounts of inheritance tax due on lifetime transfers and transfers on death by individuals, personal representatives and trustees |
| LO6 | Calculate the corporation tax liabilities of companies |
| LO7 | Calculate the amounts of income tax owed by or owed to individuals |
| LO8 | Calculate the amounts of national insurance payable by individuals, businesses and companies |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Online Assessment (Exam) | Online External Examination 1 | All assessments are set by the ICAEW professional body and not by USW. Professional Level exams are computer-based. | 150 | N/A | 100 | No | 5 |
Assessment Matrix
| Assessment Type | Learning Outcomes | |||||||
|---|---|---|---|---|---|---|---|---|
| LO1 | LO2 | LO3 | LO4 | LO5 | LO6 | LO7 | LO8 | |
| Online External Examination 1 | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |