ACC30010 Tax in Society

Academic Year 2020/2021

This module explores the theory and economics of taxation, in addition to its practical application. Topics covered will include the influences and confines which frame the Irish tax system and the economics and theory of taxation. Income tax, capital gains tax, VAT and corporation tax will be covered in this module.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module students should be able to:
1. Understand the principles of taxation and critically evaluate different theories of taxation including taxes on income, capital and spending.
2. Prepare basic computations for different taxes (Income tax, capital gains tax, VAT and corporation tax).
3. Explain the practical workings and administration of the Irish Taxation System.
4. Appreciate some basic aspects of tax planning.

Indicative Module Content:

Introduction to taxation
Taxation policy
Income tax - self-employed individuals
Income tax - calculate assessable income of other income sources e.g. rental income
Income tax - employees
Computation of Income tax
Capital gains tax - calculation of taxation due and reliefs available
Value added tax - computation of VAT liability/refund
Corporation tax - calculation of corporation tax and reliefs available
Corporation tax - distributions

Student Effort Hours: 
Student Effort Type Hours
Lectures

24
Tutorial

12
Specified Learning Activities

24
Autonomous Student Learning

48
Total

108
Approaches to Teaching and Learning:
The Module is primarily delivered through classroom-based teaching including both plenary lectures and practical, question-based tutorials. Class participation is strongly encouraged.
The Module includes group-based project work (the Fantasy Budget continuous assessment assignment) and involves the teaching of computational tax skills as well as theoretical aspects of taxation. 
Requirements, Exclusions and Recommendations
Learning Requirements:

n/a


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Terminal examination 2 hour End of Trimester Exam No Graded No

80
Group Project: Fantasy Budget Week 9 n/a Graded No

20

Carry forward of passed components
Yes
 
Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Irish Taxation: Law and Practice 2020/21 18th Edition Publisher Irish Tax Institute
Name Role
Professor Gerardine Doyle Lecturer / Co-Lecturer
Dr Charles Garavan Lecturer / Co-Lecturer