Tax Accounting Level 3 Advanced Diploma

Welcome to Tax Accounting Level 3 Advanced Diploma, a comprehensive and engaging course designed to provide you with in-depth knowledge and practical skills in Tax Accounting. Throughout this course, we will explore various aspects of Tax Accounting and delve into its fundamental concepts, advanced techniques, and real-world applications.

Our primary objective in Tax Accounting Level 3 Advanced Diploma is to equip you with a solid foundation in Tax Accounting. Whether you are a beginner or an experienced professional looking to expand your expertise, this course will cater to your needs and help you achieve your learning goals.

During our journey together, you will have the opportunity to:

• Gain a thorough understanding of the core principles and theories that underpin Tax Accounting.
• Acquire practical skills through hands-on exercises, projects, and real-world examples.
• Explore cutting-edge advancements and emerging trends in the field of Tax Accounting.
• Prepare for future opportunities, such as further education, career advancement, or entrepreneurship, in the field of Tax Accounting.
• Reflect on your learning journey, celebrate your achievements, and gain the confidence to excel in Tax Accounting.

By the end of Tax Accounting Level 3 Advanced Diploma, you will have gained a comprehensive understanding of Tax Accounting and developed the skills necessary to succeed in this dynamic field. Whether you choose to pursue further education, enter the job market, or embark on entrepreneurial ventures, this course will lay a strong foundation for your future endeavours.

We are excited to have you join us on this educational journey, and we look forward to helping you unlock your full potential in Tax Accounting Level 3 Advanced Diploma. Let's get started!

Why should you choose Course Line?

When it comes to quality education and professional development, Course Line stands out as one of the most prestigious learning providers. As a certified institution by UKRLP & CPD Group, we have a proven track record of excellence, having successfully taught over 20,000+ students and counting.

• Disclaimer 01:00

  • 1: Disclaimer 01:00

• Module 1: Introduction to Accounting 14:00

  • 2: Module 1: Introduction to Accounting 14:00

• Module 2: Income Statement and Balance Sheet 13:00

  • 3: Module 2: Income Statement and Balance Sheet 13:00

• Module 3: Tax System and Administration in the UK 12:00

  • 4: Module 3: Tax System and Administration in the UK 12:00

• Module 4: Tax on Individuals 05:00

  • 5: Module 4: Tax on Individuals 05:00

• Module 5: National Insurance 06:00

  • 6: Module 5: National Insurance 06:00

• Module 6: How to Submit a Self-Assessment Tax Return 04:00

  • 7: Module 6: How to Submit a Self-Assessment Tax Return 04:00

• Module 7: Fundamentals of Income Tax 03:00

  • 8: Module 7: Fundamentals of Income Tax 03:00

• Module 8: Payee, Payroll and Wages 05:00

  • 9: Module 8: Payee, Payroll and Wages 05:00

• Module 9: Value Added Tax 04:00

  • 10: Module 9: Value Added Tax 04:00

• Module 10: Corporation Tax 03:00

  • 11: Module 10: Corporation Tax 03:00

• Module 11: Double Entry Accounting 02:00

  • 12: Module 11: Double Entry Accounting 02:00

• Module 12: Career as a Tax Accountant in the UK 02:00

  • 13: Module 12: Career as a Tax Accountant in the UK 02:00

• Assessment 11:00

  • 14: Final exam 11:00

Welcome to the course outline for Tax Accounting Level 3 Advanced Diploma. In this comprehensive learning journey, we will explore the depths of Tax Accounting, delving into its core principles, practical examples, and advanced techniques. Through a series of engaging lectures and exercises, you will gain the knowledge and skills necessary to excel in the field of Tax Accounting Level 3 Advanced Diploma.

*****Tax Accounting Level 3 Advanced Diploma Course Syllabus*****

Module 1: Introduction to Accounting

• Introduction
• First Transactions
• T Accounts introduction
• T-Accounts conclusion
• Trial Balance
• Income Statement
• Balance Sheet

Module 2: Income Statement and Balance Sheet

• Balance Sheet Variations
• Accounts in practise
• Balance Sheets what are they?
• Balance Sheet Level 2
• Income Statement Introduction
• Are they Expenses or Assets?
• Accounting Jargon

Module 3: Tax System and Administration in the UK

• What is Tax?
• Origin & History of Taxation
• The Economic Function of Taxation
• The Social Justice Purpose of Taxation

Module 4: Tax on Individuals

• Individual Taxes in the United Kingdom
• Your Rights and Obligations as an Employee and as a Self-Employed Individual

Module 5: National Insurance

• Overview
• National Insurance Classes
• The Amount of National Insurance Payment
• Importance of National Insurance

Module 6: How to Submit a Self-Assessment Tax Return

• Overview
• Who must send a Tax Return?
• Registering and Sending a Return
• Deadlines

Module 7: Fundamentals of Income Tax

• Overview of Income Tax
• The Taxable Income Statement
• Personal Allowances
• Computation of Income Tax Liability

Module 8: Payee, Payroll and Wages

• What is the Pay as You Earn (PAYE) System?
• Use of Tax Codes to Deduct Tax under PAYE
• Emergency Tax Codes
• Notice of Coding

Module 9: Value Added Tax

• Introduction to Value Added Tax
• VAT Registration
• Accounting for VAT
• Schemes for Small Businesses

Module 10: Corporation Tax

• Introduction to Corporation Tax
• The Statement of Taxable Total Profits
• The Corporation Tax Liability

Module 11: Double Entry Accounting

• Basic Terminology
• Debits and Credits
• Double-Entry System

Module 12: Career as a Tax Accountant in the UK

• Responsibilities
• Salary
• Working Hours
• What to Expect

Assessment Process

Upon completing the Tax Accounting Level 3 Advanced Diploma course, you will be required to undertake a multiple-choice evaluation in order to gauge your understanding of the material covered.

If you do not achieve the minimum passing score, you will have the opportunity to retake the assessment without incurring any additional cost.

Certification

After successfully completing this Tax Accounting Level 3 Advanced Diploma course, you will get an instant Free digital certificate.

Tax Accounting Level 3 Advanced Diploma is designed to cater to a wide range of individuals who are eager to enhance their knowledge and skills in Tax Accounting.

This course is suitable for:

1. Beginners in Tax Accounting
2. Professionals
3. Students
4. Career changers

No matter your background or level of experience, Tax Accounting Level 3 Advanced Diploma offers a comprehensive learning experience that caters to your specific needs. Join us on this educational journey and unlock your potential in Tax Accounting today!

Requirements for the Tax Accounting Level 3 Advanced Diploma course:

• No Prior Knowledge Required
• Basic Computer Skills.
• Internet access.
• Familiarity with English

Completing Tax Accounting Level 3 Advanced Diploma course can open exciting career opportunities in various fields related to Tax Accounting. Here are three potential career paths you can pursue after completing Tax Accounting Level 3 Advanced Diploma:

• Tax Accounting Specialist
• Tax Accounting Researcher
• Tax Accounting Educator

Currently there are no Q&As for this course. Be the first to ask a question.

Reed Courses Certificate of Completion

Digital certificate - Included