Tax Accounting Course

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Welcome to the Tax Accounting Course

eventOur Tax Accounting course provides a fantastic insight into the events sector.

The course will explore UK Tax Accounting, various modules include UK Taxation, Tax on Individuals, Benefits and Allowances and much more.

In order to complete the course candidates must do the following:

  • Read all 10 Course Modules
  • Complete the Final Online Assessment

Good luck and we hope you enjoy the material!

Module 1 UK Taxation, Tax on Individuals
This module covers UK Taxation and Tax on Individuals.
Unit 1 The origins of taxation and various types of tax
Unit 2 What is HMRC and what is its function
Unit 3 What taxes are applicable to individuals in the United Kingdom
Unit 4 Your rights and obligations as an employee and as a self-employed individual

Module 2 Benefits and Allowances
This module explores the overview of benefits and allowances and how these work in the United Kingdom, What are Working Tax Credit, Employment and Support Allowance, What are Jobseeker’s Allowance, Reduced Earnings Allowance and Bereavement Allowance and what conditions must be met when submitting a claim.
Unit 1 Overview of benefits and allowances and how these work in the United Kingdom
Unit 2 What are Working Tax Credit, Employment and Support Allowance
Unit 3 What are Jobseeker’s Allowance, Reduced Earnings Allowance and Bereavement Allowance

Module 3 National Insurance & Income Tax
This module covers what type of classes, rates and categories apply with regards to National Insurance, How much National Insurance contributions you pay when employed/self-employed, Tax codes, rates and allowances and how they affect Income tax.
Unit 1 What type of classes, rates and categories apply with regards to National Insurance
Unit 2 How much National Insurance contributions you pay when employed/self-employed
Unit 3 Tax codes, rates and allowances and how they affect Income tax
Unit 4 How to submit a Self-Assessment Tax Return

Module 4 Taxation in the UK
This module includes how business taxation works in the UK, the Business Tax Road Map (BTR) and HMRC’s views of the future, company Tax Return and how to submit one.
Unit 1 How business taxation works in the UK
Unit 2 The Business Tax Road Map (BTR) and HMRC’s views of the future
Unit 3 Company Tax Return and how to submit one
Unit 4 Capital Tax Gains and Rates

Module 5 PAYE, Payrolls and Wages
This module covers what is PAYE, when is it used, as well as the basics of running a payroll, your responsibilities while running a payroll, payslips and reporting to HMRC.
Unit 1 What is PAYE, when is it used, as well as the basics of running a payroll
Unit 2 Your responsibilities while running a payroll
Unit 3 Payslips and reporting to HMRC
Unit 4 What is the PAYE Settlement Agreement

Module 6 Value Added Tax (VAT)
This module covers what Value Added Tax is, and the three rates of VAT that exist in the UK, registering for a VAT number and how to submit a VAT return.
Unit 1 What Value Added Tax is, and the three rates of VAT that exist in the UK
Unit 2 Registering for a VAT number and how to submit a VAT return
Unit 3 How VAT Annual Accounting Scheme can help companies with a large taxable turnover
Unit 4 What the VAT Flat Rate scheme is and how it helps to simplify your VAT charge

Module 7 Exporting and Importing goods and services
This module includes classification of Goods, what is an EORI number?, importing from EU and Non-EU countries.
Unit 1 Classification of Goods
Unit 2 What is an EORI number?
Unit 3 Importing from EU and Non-EU countries
Unit 4 Duty relief for imports and exports

Module 8 Double Entry Accounting
This module includes the fundamental accounting equation and its role in accounting, what are transactions, accounts and ledgers and how they relate to each other, what the terms debit and credit mean in the accounting context.
Unit 1 The fundamental accounting equation and its role in accounting
Unit 2 What are transactions, accounts and ledgers and how they relate to each other
Unit 3 What the terms debit and credit mean in the accounting context
Unit 4 The definition of double entry accounting

Module 9 Management Accounting and Financial Analysis
This module includes how to prepare a Profit and Loss Statement, how to Prepare Balance Sheets, Indirect and direct method for calculating cash flow and preparing a cash flow statements.
Unit 1 Management Accounting and Financial Analysis
Unit 2 How to Prepare Balance Sheet
Unit 3 Indirect and direct method for calculating cash flow and preparing a cash flow statement
Unit 4 Reporting assets in the Shareholder’s equity statement

Module 10 Tax Organizations and Standards
This module includes international standards, international organisations that are responsible for tax and accounting regulations, common Reporting Standards and why it matters for individuals and UK Regulatory Organisations.
Unit 1 International standards
Unit 2 International organisations that are responsible for tax and accounting regulations
Unit 3 Common Reporting Standards and why it matters for individuals
Unit 4 UK Regulatory Organisations

Once you have gone through the course modules the next stage of the course is to complete the Tax Accounting Final Assessment.

Final Assessment

To get to this stage you should now have completed all 10 course modules and be ready to take your final assessment.

We would strongly advise that you read through the entire course units more than once and make relevant notes where necessary ensuring that you have absorbed all the information.

 

The Test

To book your exam the fee is £14.99 and will give you unlimited attempts to pass. Use the button below to book your exam.

Once you have booked the exam a link will be emailed to you within 24 hours.

Exam Results & Certifications

The course includes a FREE Digital certification which is issued within 7 – 12 working days.

 


Certificates

Ready to present your newly accomplished skills and knowledge? Take a look below to order your Hard Copy Certified Accredited Certificate for £19.99.

Once you have placed your order, one of the team will process your certificate and dispatch it to your address via Royal Mail Post and so you should receive it within 7-14 days of your order.

We’ll let you know when it’s on the way.

To order your course Certificate, simply click the button below.

This will add the certificate to your basket; you can add as many as you like.

We will process and send each certificate out individually

Once you have ordered the certificate, please send us an email with your postal address to info@harleyoxford.com.


Order your course certificate

Hard Copy Certificate – £19.99

 


Order your Course Extension

Course Extension – £9.99

  • Course Extended for 12 Months
  • Continual Access to Exams and Testing
  • 12 Months Access to Student Services