Course code: WCAR105P
Subject area: Accounting
Study level: Part Time
Course level: U
7:00pm - 9:00pm
10th Jan 2022 - 7th Feb 2022
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
In order to avoid disappointment, it is advisable to enrol at least 2 ½ weeks prior to the course starting. We will confirm course information two weeks prior to the start date.
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.
16 - 18 Fee
Tuition Fee: £55.00Exam Fee: £0.00
Total Cost: £55.00
19+ Reduced Fee
Tuition Fee: £33.00Exam Fee: £0.00
Total Cost: £33.00