Award in Taxation Principles a - European Instit

Tuition Fee

EUR 1,800

Per course

Start Date

Medium of studying

Blended

Duration

60 hours

Program Facts

Program Details

Degree

Courses

Major

Accounting | Finance | Taxation

Area of study

Business and Administration

Education type

Blended

Course Language

English

Tuition Fee

Average International Tuition Fee

EUR 1,800

About Program

Program Overview

Award in Taxation Principles and Practices (Accountancy and Finance)

Overview

This course allows learners to acquire knowledge on the main principles and practices of taxation. It exposes learners to ethical, administrative, and theoretical aspects of taxation. Learners shall also be able to carry out basic computations and discuss various issues related to taxation.

Awarding Body & Accreditation

This qualification is awarded by eie Institute of Education and is accredited by the Malta Further and Higher Education Authority (MFHEA). MFHEA deems this Award to be at MQF Level 6 (12 ECTS) of the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.

Learning Outcomes

Competences

At the end of the course, the learner will have acquired the responsibility and autonomy to:

Comply with regulatory framework and legal aspects related to auditing and assurance including VAT and tax
Ensure the proper implementation of tax liabilities when it comes to the disposing of capital assets
Calculate the interest applicable to overdue tax
Carry out basic calculations of VAT liabilities
Carry out necessary and effective reporting where necessary

Knowledge

At the end of the course, the learner will have been exposed to the following:

Discuss in detail the function, need, and purpose of taxation in any given economy
Have knowledge of the fundamental principles of revenue law
Have understanding of the time limits for submitting tax information, payments, and claims
Critically discuss the potential repercussions and penalties when it comes to non-compliance
Have knowledge of income tax specifically income from self-employment, employment, investment, property, or other incomes
Critically discuss ways of computing income tax liability and taxable income
Discuss the use of reliefs and exemptions in tax
Have knowledge of corporate income tax liabilities and profits chargeable to corporate income tax
Have knowledge and understanding on computations of income tax accounting and income tax liability
Demonstrate understanding of tax liabilities that must be accounted for in the case of disposal by individuals and companies of capital assets
Critically reflect on the need and scope of social security contributions
Discuss the need and scope of VAT (value-added tax)

Skills

At the end of the course, the learner will have acquired the following skills:

Use and comply with revenue law and practices
Practice effective self-assessments
Comply with the time limit for the submission of tax requirements
Compare and contrast between tax evasion and tax avoidance
Employ effective self-assessment techniques as applied for individuals and for companies
Critically assess the use of exemptions in income tax
Examine gains and losses on disposal of shares, securities, immovable property, and movable property
Analyze the VAT contributions required for employed persons vis-a-vis self-employed persons
Show the documentation and other material required for VAT registrations as well as computed VAT liabilities

Course Delivery

This course shall be taught with a student-centered approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen).

Assessment

This course shall be assessed using a three-hour time-constrained examination (75%). Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments, and/or observation (25%). Moreover, learners are expected to obtain a minimum of 50% of the total mark to successfully pass from the module.

Fees

Total lecture hours: 60
Fees: €1,800.00
Get Qualified Scheme: Upon successful completion of this course, you will be able to recover (if eligible) up to 70% (through tax credits) of expenses on both the registration and tuition fees paid when starting the course. Please contact us for more information.

Program Outline

Assessment:

This course shall be assessed using a three-hour time constrained examination (75%). Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments and/or observation (25%). Moreover, learners are expected to obtain a minimum of 50% of the total mark to successfully pass from the module.

Teaching:

This course shall be taught with a student-centred approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen).

Tuition Fees and Payment Information: Total lecture hours - 60 EU & Non-EU Nationals - 1,800 Euro (Whole course will cost you 540 Euro after Tax Credit - Save 1,260 Euro)