Modiwl HMB-3212:
Taxation
Taxation 2023-24
HMB-3212
2023-24
Bangor Business School
Module - Semester 1 & 2
20 credits
Module Organiser:
Debbie Gilliland
Overview
The place of taxation in the economy; the balance between equity and efficiency; income tax and incentives to work and save; the role of capital taxation; the bases of taxation and investment incentives; reform of the tax system; and tax as a policy tool. It will also include the calculation of personal, corporate, capital gains, inheritance and value added tax liabilities with some tax planning.
Assessment Strategy
-threshold -D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives. -good -B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills. -excellent -A- to A+ (70%+): Outstanding Performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills. -another level-C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
Learning Outcomes
- Calculate personal income, corporate, capital gains, inheritance and value added tax liabilities.
- Calculate tax reliefs available to individuals and corporate bodies.
- Critically evaluate the role of taxation in achieving desired policy outcomes.
- Demonstrate an understanding of the rationale for the various tax systems used in modern economies.
Assessment method
Exam (Centrally Scheduled)
Assessment type
Crynodol
Description
A 2 hour exam at the end of semester 1. This assesses all learning outcomes.
Weighting
45%
Assessment method
Exam (Centrally Scheduled)
Assessment type
Crynodol
Description
A 2 hour exam at the end of Semester 2. All learning outcomes will be assessed.
Weighting
55%