ACC30010 Tax in Society

Academic Year 2023/2024

In this module, students will embark on an exploration of the fundamental theory and economics underpinning taxation, alongside its practical application within real-world contexts. The curriculum will highlight the basic influences and constraints that sculpt the architecture of the Irish tax system, introducing students to the principles and theoretical foundations of taxation. Insights will be provided into Income Tax, Capital Gains Tax, VAT, and Corporation Tax, ensuring students lay a solid foundation on these pivotal components.

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Curricular information is subject to change

Learning Outcomes:

Upon successful completion of this module, students should be poised to:

1. Grasp and critically assess various theories of taxation, encompassing taxes on income, capital, and expenditure.
2. Carry out computations for diverse tax categories, including Income Tax, Capital Gains Tax, VAT, and Corporation Tax.
3. Elucidate the operational intricacies and administrative procedures of the Irish Taxation System.
4. Recognise and appreciate foundational elements of tax planning.

Indicative Module Content:

1. Overview of Taxation
2. Principles of Tax Policy
3. Income Tax
3.1 Self-employed individuals
3.2 Diverse income sources, including rental income
3.3 Employees
3.4 Income Tax Computation
4. Capital Gains Tax
4.1 Tax liabilities and available reliefs
5. Value Added Tax (VAT)
5.1 Determining VAT liability or refunds
6. Corporation Tax
6.1 Tax calculations and available reliefs
6.2 Distribution considerations

Student Effort Hours: 
Student Effort Type Hours
Lectures

24
Small Group

2
Tutorial

10
Specified Learning Activities

24
Autonomous Student Learning

48
Total

108
Approaches to Teaching and Learning:
Within this module, students will engage in a structured pedagogical environment that employs both plenary lectures and practical tutorials centred around problem-solving. Active participation in the classroom is not only encouraged but viewed as pivotal to one's academic journey.

Integral to the module's curriculum is the group-based "Fantasy Budget" continuous assessment assignment, facilitating collaborative learning experiences. This course endeavours to impart both the computational skills pertinent to taxation and its underlying theoretical principles, ensuring a holistic and enriched understanding for all students. 
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
Group Project: Fantasy Budget Week 6 n/a Graded No

20
Examination: Terminal examination 2 hour End of Trimester Exam No Graded No

60
Multiple Choice Questionnaire: One-hour assessment consisting of 20 questions Unspecified 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
• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Multiple Choice Exam Feedback: Once the multiple-choice examination is graded, students will be provided with their individual marks. These will be subsequently discussed in a classroom setting, offering students an opportunity to understand areas they excelled in and those that may require further attention. This discussion is meant to guide students in refining their study techniques and deepening their understanding. Group Work Assessment: Before group assignments are due, a marking rubric will be shared with students, setting clear expectations and criteria. Upon submission, each assignment will be returned with its accompanying rubric and a concise qualitative commentary. This structured feedback is designed to illuminate strengths and areas for development within the group's collaborative efforts, helping students adapt and evolve in future collaborative endeavours. Final Exams Feedback: After the final examinations, students will be informed of their performance. Additional feedback may also be provided to ensure a comprehensive understanding and mastery of the subject matter.

Irish Taxation: Law and Practice 2023/24 20th Edition Publisher Irish Tax Institute
Name Role
Professor Gerardine Doyle Lecturer / Co-Lecturer
Dr Charles Garavan Lecturer / Co-Lecturer
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 
Autumn
      
Lecture Offering 1 Week(s) - Autumn: All Weeks Fri 09:00 - 10:50
External & School Exams Offering 1 Week(s) - 10 Wed 19:00 - 19:50
Small Group Offering 1 Week(s) - 4, 6, 7, 8, 9, 10, 11, 12 Thurs 11:00 - 11:50
Small Group Offering 2 Week(s) - 4, 6, 7, 8, 9, 10, 11, 12 Thurs 12:00 - 12:50
Small Group Offering 3 Week(s) - 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 Fri 11:00 - 11:50
Autumn