UEH Standard programs in English (20% English)

ICAEW CFAB-Principle of Taxation

Tiếng Anh

ACC507224

4

The course ""ICAEW_Principles of Taxation (ICAEW CFAB - Principles of Taxation)"" aims to equip students with knowledge of the general objectives of taxation and the methods for calculating common types of taxes, including income tax, national insurance, capital gains tax, corporate tax, and value-added tax (VAT) in specific situations. Upon completion, students will be able to explain the objectives and conditions of the UK tax system, differentiate between various types of taxes, and recognize ethical issues arising in taxation practice. Students will also gain a clear understanding of taxpayers' obligations under the UK tax system, the implications of non-compliance, and develop skills to calculate relevant taxes, including income tax, national insurance, corporate tax, VAT, and taxable capital gains. The course provides a solid foundation for students to understand and apply taxation principles in practice.

This course helps students understand the general objectives of taxes and how to calculate income tax, national insurance contributions, capital gains tax, corporate tax, and VAT in simple situations. After completing the course, students will be able to:

• Explain the general objectives of taxation, the conditions affecting the UK tax system, and the different types of taxes in the UK;

• Recognize ethical issues that arise during the implementation of tax work;

• Identify the obligations imposed by the UK tax system on taxpayers and the consequences of non-compliance;

• Calculate the amount of income tax individuals owe or must pay and the amount of national insurance contributions;

• Calculate the amount of capital gains tax individuals must pay and the taxable gains that may be subject to corporate tax;

• Calculate the amount of corporate tax a company must pay;

• Calculate the amount of VAT a business owes or must pay.