Reference no: EM132455858 , Length: word count:3000

Taxation Assignment -

Learning Outcomes -

1. Understand and analyze the principles and objectives and the legal and administrative structure of UK taxation.

2. Calculate the taxable income and income tax and national insurance Viabilities of individuals.

3. Manipulate, present and analyze financial and other numerical and qualitative data at an appropriate level.

4. Understand the application of accounting and legal ethics to taxation.

Assessment Details - This assignment will help the students to develop their:

Evaluative skills: Students are reasoning on various financial matters and are answering the questions.

Decision making skills: Students will gain knowledge on how companies are making dividend decision and will provide detail discussion on dividend policy.

Assessment Task -

This assessment requires students to write a formal report consisting of 3000 words. There are two tasks as enumerated below. You are expected to attempt both the tasks. Each task should consist of introduction, body, conclusion and references.

Task 1 - Critically analyse the reasons why government levies taxation with major focus on the methods of raising taxes and tax bases.

Task 2 - Critically compare and analyse the sources of UK and Oman taxation. Analyse the high tax generation sources and their role in economic growth.

Structure of the Report -

Task 1 - 1500 words

1. Introduction (Overview of Oman taxation taw)

2. Reasons of taxation implementation by the government

3. Methods of raising taxes In Oman

4. Conclusion

5. References

Tack 2 - 1500 words

1. Introduction (Comparison of Oman and UK taxation law)

2. Sources of tax generation under Oman and UK taxation Law

3. Role of the above mentioned sources in Economic Growth

4. Conclusion

5. References