Reference no: EM132385062

GAC5007 Taxation

Gulf College In Academic Affiliation With Cardiff Metropolitan University

FACULTY OF BUSINESS AND MANAGEMENT STUDIES

UNDERGRADUATE BUSINESS PROGRAMME

WRIT1

Programme Title: A&F
Module Title: Taxation
Module Code: GAC5007
Module Credits: 20
Level: 5

Learning Outcomes:

• Understand and analyze the principles and objectives and the legal and administrative structure of UK taxation.
• Calculate the taxable income and Income tax and national insurance liabilities of individuals.
• Manipulate, present and analyze financial and other numerical and qualitative data at an appropriate level.
• Understand the application of accounting and legal ethics to taxation.

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. 1500 words

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

Task 2. 1500 words
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

Task 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 abovementioned sources in Economic Growth
4. Conclusion
5. References