
Award in Taxation Principles and Practices
This course allows learners to acquire knowledge on the main principles and practices of taxation.
Overview
This course allows learners to acquire knowledge on the main principles and practices of taxation. It exposes learners to ethical, administrative, and theoretical aspects of taxation. Learners shall also be able to carry out basic computations and discuss various issues related to taxation.
Also a module inside these programmes
Learning outcomes
- Comply with regulatory framework and legal aspects related to auditing and assurance including VAT and tax
- Ensure the proper implementation of tax liabilities when it comes to the disposing of capital assets
- Calculate the interest applicable to overdue tax
- Carry out basic calculations of VAT liabilities
- Carry out necessary and effective reporting where necessary
- Discuss in detail the function, need and purpose of taxation in any given economy
- Have knowledge of the fundamental principles of revenue law
- Have understanding of the time limits for submitting tax information, payments and claims
- Critically discuss the potential repercussions and penalties when it comes to non compliance
- Have knowledge of income tax specifically income from self-employment, employment, investment, property, or other incomes
- Critically discuss ways of computing income tax liability and taxable income
- Discuss the use of reliefs and exemptions in tax
- Have knowledge of corporate income tax liabilities and profits chargeable to corporate income tax
- Have knowledge and understanding on computations of income tax accounting and income tax liability
- Demonstrate understanding of tax liabilities that must be accounted for in the case of disposal by individuals and companies of capital assets
- Critically reflect on the need and scope of social security contributions
- Discuss the need and scope of VAT (value added tax)
- Use and comply with revenue law and practices
- Practice effective self-assessments
- Comply with the time limit for the submission of tax requirements
- Compare and contrast between tax evasion and tax avoidance
- Employ effective self-assessment techniques as applied for individuals and for companies
- Critically assess the use of exemptions in income tax
- Examine gains and losses on disposal of shares, securities, immovable property and movable property
- Analyse the VAT contributions required for employed persons vis-a-vis self-employed persons
- Show the documentation and other material required for VAT registrations as well as computed VAT liabilities How this course will be taught This course shall be taught with a student-centred approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen). Assessment This course shall be assessed using a three-hour time constrained examination (75%). Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments and/or observation (25%). Moreover, learners are expected to obtain a minimum of 50% of the total mark to successfully pass from the module
Fees & duration
Fees as published by eie European Business School. Your fee is confirmed only on the invoice issued by eie with your conditional offer. Get Qualified tax-credit figures apply only if you are eligible under Malta Enterprise rules.
Get Qualified — up to 70% back
eie's accredited programmes are eligible under Malta Enterprise's Get Qualified scheme. Eligible self-funded students can recover up to 70% of registration and tuition fees as a tax credit after successfully completing the course.
Recognition
Accredited by MFHEA
This qualification is awarded by eie European Business School (formerly eie Institute of Education) and is accredited by the Malta Further and Higher Education Authority (MFHEA). MFHEA deems this Award to be at MQF Level 6 (12 ECTS) of the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
Flexible start
Online awards can start any day. Lecture-based awards use a fixed start date.
How to apply
Enquire
Tell Aspire Barcelona what you have studied. We confirm the level Aspire can consider.
Offer & invoice
eie aims to send a conditional offer letter and an invoice within 48 hours of your application.
Acceptance
Meet the conditions, sign the student agreement and pay — eie then issues a letter of acceptance and a receipt.
Got an offer through an agent? Check it first.
Send a copy of any offer letter, letter of acceptance, invoice or receipt to [email protected]. eie will confirm whether it is genuine and is not responsible for documents or payments that did not come from eie.
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