Taxation 2 (PG)

This module will provide students with core competencies in the areas of corporation tax, capital gains tax and VAT. On completion of this module students will be able to apply the principles of the respective taxes to relevant case studies and critically analyse the outcomes in terms of taxpayer options and obligations.

1. Demonstrate the ability to prepare the corporation tax liability of companies, integrating all relevant reliefs and allowances.

2. Assess and conclude on the most efficient use of losses for corporation tax purposes.

3. Apply the rules of capital gains tax to determine the appropriate liabilities of individuals and companies, with an emphasis on available reliefs.

4. Develop and apply the skills required to carry out research into current taxation policy, procedures and legislation.

5. Apply the procedure and practice governing Value Added Tax legislation to: routine supplies of goods and services, intercommunity acquisitions and dispatches and imports/exports.