Accountancy - Tax Returns / Tax Planning

Course code: WCAR115P

Subject area: Business

Study level: Part Time

Course level: U

Course details

7:00pm - 9:00pm

Monday

19th Apr 2021 - 24th May 2021

Abingdon Campus

Contact details

enquiries@abingdon-witney.ac.uk

01235 555 585

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.

After completing this course learners may like to consider progressing to Level 2 AAT in Accounting.
There is no entry requirement. We do not ask for any previous qualification or experience. Whether you currently work in finance, are wanting to work in finance, run your own business or simply want to gain a new skills this course is perfect.

Courses can fill fast, so please enrol early to avoid disappointment. Decisions on whether a course is to run are made two weeks prior to the start date - an email will be sent to you should there be changes to your course or if it is cancelled. Please check your inbox leading up to your course, including the junk folders. For anyone without an email account, our Admissions team will phone you instead.

For the first week of the course you will need to bring a valid form of identification; this includes passport, driving licence, debit/credit card, Birth Certificate or National Insurance card.

Please note - you should be 19 years old or over at 31st August 2020 prior to starting the course.
Courses offered by the college are fully or partly funded by the Government and the published fee takes account of this funding.

Before starting a course, the College is required to check you meet conditions relating to that funding, e.g. age, residency status within the UK/EEA, prior qualification level and employment status. In some circumstances (such as with online enrolments), these checks can only be completed after you have enrolled and paid.

If you are unable to pay in full for this course at the time of enrolment, and the course tuition fee is £300 or more, an instalment plan is available. If this is your preference, please do not enrol online but rather call the Admissions Team on 01235 216400 to enrol.

Once enrolled, Admissions will take the first instalment payment from you and pass on your details to the Finance team who will email you to set-up your payment plan. Please return a fully completed instalment plan to Finance as failure to do so could result in being withdrawn from your course.

The 19+ full fee button displays the full fee that may apply. As the rules on fee reduction are complicated, we would encourage you to talk to our Admissions Team on 01235 216400 to discuss these options. You can also visit the Course Fees & Finance page by searching 'Fees and bursaries' at the top of the page.

16 - 18 Fee


19+ Fee

Tution Fee: £55.00
Exam Fee: £0.00

Total Cost: £55.00


19+ Reduced Fee

Tuition Fee: £33.00
Exam Fee: £0.00

Total Cost: £33.00

As this is a non-accredited course, there is no formal qualification. However, you will be asked to complete activities that demonstrate how you are progressing on your course.
Keeping you safe
So far this year, we have had to make adjustments to our normal arrangements for teaching, learning and assessment to implement government public health advice in order to protect the health and safety of staff, students and the public. As those adjustments will continue throughout the duration of this health emergency, it is important that you understand what this may mean for the delivery of your programme in 2020/2021.
We are planning for three possible scenarios: wholly in person, wholly online and a combination of the two. Which scenario is used for delivery will be different depending on the circumstances and the content of the programme.
Any face-to-face teaching will be delivered following guidelines on social distancing and increased health and safety measures. Students will be made fully aware of the current measures in place and be expected to follow the guidance issued.
In the case of a further lockdown, delivery will be wholly online. For programmes where online delivery is not possible, the course will be postponed until a later date in the academic year. The balance between lectures and self-learning will not change. Whichever scenario is in force, you will still receive the advertised amount of contact time. If there is going to be a change from the advertised location of your programme (for example from physical attendance at one of our campuses to online delivery), we will ensure you are kept fully informed.
Further questions
Our Coronavirus web pages give you the full detail of our plans and can be accessed here https://www.abingdon-witney.ac.uk/coronavirus-college-information