Welcome to the Tax Accounting Course
Our 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!
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
What is HMRC and what is its function
What taxes are applicable to individuals in the United Kingdom
Your rights and obligations as an employee and as a self-employed individual
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
What are Working Tax Credit, Employment and Support Allowance
What are Jobseeker’s Allowance, Reduced Earnings Allowance and Bereavement Allowance
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
How much National Insurance contributions you pay when employed/self-employed
Tax codes, rates and allowances and how they affect Income tax
How to submit a Self-Assessment Tax Return
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
The Business Tax Road Map (BTR) and HMRC’s views of the future
Company Tax Return and how to submit one
Capital Tax Gains and Rates
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
Your responsibilities while running a payroll
Payslips and reporting to HMRC
What is the PAYE Settlement Agreement
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
Registering for a VAT number and how to submit a VAT return
How VAT Annual Accounting Scheme can help companies with a large taxable turnover
What the VAT Flat Rate scheme is and how it helps to simplify your VAT charge
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
What is an EORI number?
Importing from EU and Non-EU countries
Duty relief for imports and exports
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
What are transactions, accounts and ledgers and how they relate to each other
What the terms debit and credit mean in the accounting context
The definition of double entry accounting
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
How to Prepare Balance Sheet
Indirect and direct method for calculating cash flow and preparing a cash flow statement
Reporting assets in the Shareholder’s equity statement
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 organisations that are responsible for tax and accounting regulations
Common Reporting Standards and why it matters for individuals
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.
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.
To book your exam the fee is £9.00 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.
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 firstname.lastname@example.org.
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