BE142-6-SP-CO:
Taxation Policy and Practice
2023/24
Essex Business School
Colchester Campus
Spring
Undergraduate: Level 6
Current
Monday 15 January 2024
Friday 22 March 2024
15
07 February 2024
Requisites for this module
(BE100 or BE102 or BE110) and BE110
(none)
(none)
(none)
(none)
The module provides students with specialist and specific knowledge and understanding on taxation policy and practice, with an emphasis on the UK system. The module first critically reviews various taxation considerations, including tax administration and the objective of taxation in economies, and ethical issues pertaining to taxation. Second, the module considers the different forms of tax applicable to individuals, unincorporated and incorporated entities (i.e. income tax, national insurance contributions, corporate tax, capital gains tax, inheritance tax and value added tax). Finally, the module will examine taxation issues relating to multinational companies and individuals residing in more than one country.
This module aims to use the UK tax system as a case study for developing students’ knowledge and skills regarding the forms and operation of taxes paid by individuals and organisations. The module will also reflect on the impact of such taxes on taxpayers, government and society.
On successful completion of this module, students should be able to:
1. Demonstrate an understanding of how the UK tax system is administered, inclusive of the regulatory framework which oversees the system.
2. Compare and contrast the various forms of taxes paid by individuals and organisations
3. Calculate tax liabilities owed by individuals and organizations under different conditions (i.e. prevailing rates, allowances, exemptions and reliefs)
4. Critically discuss the role of taxation policy and its effects on individual and corporate taxpayers.
5. Critically evaluate the ethical issues pertaining to taxations
On successful completion of the module, students will be able to:
1. Demonstrate an understanding of how the UK tax system is administered, inclusive of the regulatory framework which oversees the system.
2. Compare and contrast the various forms of taxes paid by individuals and organisations.
3. Calculate tax liabilities owed by individuals and organisations under different conditions (i.e. prevailing rates, allowances, exemptions and reliefs).
4. Critically discuss the role of taxation policy and its effects on individual and corporate taxpayers.
5. Critically evaluate the ethical issues pertaining to taxation.
Learning and Teaching Methods
This module will be delivered in the spring term through:
* 10 two-hour lectures (weekly)
* 10 one-hour seminars (weekly)
* 1 revision lecture in summer term
The above list is indicative of the essential reading for the course.
The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students.
Further reading can be obtained from this module's
reading list.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Coursework |
Spring Essay |
|
|
| Exam |
Main exam: In-Person, Closed Book, 180 minutes during Summer (Main Period)
|
| Exam |
Reassessment Main exam: In-Person, Closed Book, 180 minutes during September (Reassessment Period)
|
Additional coursework information
Assessment items
The module will be assessed by a combination of examination and coursework. To pass the module, students must attain a minimum overall module mark of 40%.
Overall assessment
Coursework / Exam
Coursework 30% / Exam 70%
Reassessment
Coursework 30% / Exam 70%
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Reassessment
Module supervisor and teaching staff
Dr Md Islam, email: m.s.islam@essex.ac.uk.
Dr Md Shahidul Islam, Dr Roman Fitra Cahaya
ebsugcol@essex.ac.uk
Yes
No
No
Dr Idlan Rabihah Zakaria
Available via Moodle
Of 30 hours, 30 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s), module, or event type.
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