Course code: WCAR115P
Subject area: Business
Study level: Part Time
Course level: U
The Accounting – Tax Returns / Tax Planning Course has been designed to help you understand the skills involved in personal and corporate taxation. It will provide you with an insight into how to effectively apply taxation policies in practical situations. Covering all aspects of taxation from individual income tax to corporation tax this course aims to boost an understanding of the topic.
The content of this short course will cover:• Preparing Income & expenditure accounts for Self Employed individuals• Finalizing the accounts for Self Employed individuals• Analysing the accounts for Self Employed individuals• Calculating the taxes on profits for Self Employed individuals• Tax planning for Self Employed individuals based on the taxes on accounts• Understanding differences between Drawings & Dividends• Efficient Tax Planning• Introduction to UTR and NI Classes• Understanding Tax Return submission procedures to HMRC• Analysing Class 2 & Class 4 NIC• Analysing Personal Allowance• Analysing Income from Self Employments• Employment benefits Analysis• Analysis of Car & Fuel benefits• Analysis on savings and investment income and tax implications on them.• Introduction to Capital Gains Tax analysis• Introduction to Inheritance Tax Analysis
Please note there will be no teaching sessions on 03/05/2021 and 31/05/2021
Abingdon and Witney College is subject to Ofsted regulation and is required to work with all its students to make sure they understand Government initiatives around Safeguarding, Prevent and Fundamental British Values. Information on these matters will be shared with you during your course.
You will also be asked to complete monitoring paperwork, which helps us to deliver course content to the highest quality.
16 - 18 Fee
19+ Fee
Tution Fee: £55.00Exam Fee: £0.00
Total Cost: £55.00
19+ Reduced Fee
Tuition Fee: £33.00Exam Fee: £0.00
Total Cost: £33.00