LUBS3695 Taxation: Corporate and Capital Taxes
10 Credits Class Size: 100
Module manager: Cathy Myles
Email: cm@lubs.leeds.ac.uk
Taught: Semester 2 (Jan to Jun) View Timetable
Year running
2011/12
Pre-requisite qualifications
LUBS2210 Financial Accouting 2 and/or
LUBS2200 Business Finance 2
Co-requisites
This module is not approved as an Elective
Module summary
This module will consider the computational aspects of Income Tax, Corporation Tax and Capital Gains Tax, incorporating related aspects of tax planning. The focus will be on the numerical side of taxation, building on the theoretical knowledge gained in LUBS3685 which considers the economics of the taxation process.
Objectives
On completion of this module students will be able to:
1. Understand the theoretical underpinnings of the corporate and capital taxes systems in the UK;
2. Appreciate the distinctions between, as well as the inter-relationship between corporate, capitol and income taxes and
3. Demonstrate the effect of the corporate tax burden on companies and of the capital taxes burden on individuals, unincorporated bodies and companies.
Syllabus
The development, implications and effects of corporation tax and capital gains tax on companies, individuals and unincorporated bodies respectively. The relationship of corporation tax to income tax and capital gains tax.
The development of inheritance tax as a means to combat concentration of wealth and proposals for a wealth tax. The importance of corporate and capital tax planning. Current issues and developments.
Teaching Methods
| Delivery type |
Number |
Length hours |
Student hours |
| Lecture |
11 |
1 |
11 |
| Seminar |
5 |
1 |
5 |
| Private study hours |
84 |
| Total Contact hours |
16 |
| Total hours (100hr per 10 credits) |
100 |
Opportunities for Formative Feedback
- Formative feedback will be available at every seminar and students will be encouraged to hand in work for marking and feedback.
- Teaching staff on the module will also be available at set desk times each week to give students every opportunity to deal with problems as they arise and receive feedback on an ongoing basis.
Exams
| Exam type |
Exam duration |
% of formal assessment |
| Standard exam (closed essays, MCQs etc) |
2.0 Hrs 0 Mins |
100 |
| Total percentage (Assessment Exams) |
100 |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
Reading List
The reading list is available from the Library website
Last updated: 4/20/2012
Errors, omissions, failed links etc should be notified to the Catalogue Team