ACC3009 : Taxation
- Offered for Year: 2025/26
- Available to incoming Study Abroad and Exchange students
- Module Leader(s): Mr Mick Stockhelm-Alderson
- 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 | |
Pre-requisite
Modules you must have done previously to study this module
| Code | Title |
|---|---|
| ACC1000 | Introduction to Non-Specialist Accounting and Finance |
| ACC1010 | Introduction to Financial Accounting |
| ACC1003 | Introduction to Accounting and Finance |
Pre Requisite Comment
Students need to have a basic understanding of the constituent parts of a profit and loss account / income statement and a balance sheet / statement of financial position. In addition an understanding of common year end accounting adjustments and key accounting concepts is needed. This prior knowledge can be demonstrated by the successful completion and passing of modules such as acc1010 or acc1000 or acc1003.
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
None
Aims
To enable students to understand the general objectives, ethics and administration of tax. To calculate income tax, national insurance contributions, capital gains tax corporation tax, inheritance tax, and VAT in straightforward scenarios, including an appreciation of international taxation and basic tax planning.
Outline Of Syllabus
1. Ethics and Administration
2. Income tax and National insurance contributions
3. Capital gains tax
4. Corporation tax, including corporate capital gains
5. VAT
6. Inheritance tax
7. International taxation
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 60 | 1:00 | 60:00 | Time for students to complete formative and summative coursework & assessments |
| Scheduled Learning And Teaching Activities | Lecture | 15 | 2:00 | 30:00 | PIP lectures. Some may be split into 2 x 1hour. |
| Guided Independent Study | Directed research and reading | 66 | 1:00 | 66:00 | Estimated at an average of 3 hours per teaching week |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | PIP seminars |
| Guided Independent Study | Independent study | 38 | 1:00 | 38:00 | 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 to given taxation scenarios. Helping students acquire this competence is achieved through structured lecture material, seminars, significant reading and directed question practice.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 180 | 2 | A | 100 | N/A |
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 |
| Prob solv exercises | 2 | M | practice questions |
Assessment Rationale And Relationship
Examination is required to match professional recognition requirements of the accrediting professional bodies. It is also an appropriate way of assessing knowledge and application of the principles involved.
Students will receive feedback on their progress through structured guided learning, by undertaking worked examples and questions and through formative assessment.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ACC3009's Timetable