ACC30010 Tax in Society

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.

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

n/a

• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment

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.