Accounting & Statistics BSc
Advanced Theory and Practice of Taxation ACCFIN4008
- Academic Session: 2026-27
- School: Adam Smith Business School
- Credits: 20
- Level: Level 4 (SCQF level 10)
- Typically Offered: Semester 2
- Available to Visiting Students: Yes
- Collaborative Online International Learning: No
- Curriculum For Life: No
Short Description
The course builds on the knowledge and computational skills gained in Tax Theory and Practice by covering the more advanced aspects of corporate and capital taxation enabling a critical understanding of UK tax issues.
Timetable
10 2-hour lectures and 9 1-hour tutorials
Excluded Courses
Advanced Taxation (superseded)
Co-requisites
None
Assessment
1. In-course exam: online; Individual; 60 minutes; 30%; ILOs 1, 3.
2. Degree exam: in-person; Individual; 120 minutes; 70%; ILOs 2-4.
Main Assessment In: April/May
Course Aims
The course aims to provide a critical understanding of UK and international tax issues and to provide students with the knowledge and skills to calculate UK corporate and capital tax liabilities.
The course seeks to develop a thorough knowledge and understanding of tax principles, concepts, regulations and practices.
Intended Learning Outcomes of Course
By the end of this course students will be able to:
1. Demonstrate a critical understanding of the legal, political and historical perspectives of taxation which inform current issues in tax practice.
2. Perform corporation tax computations incorporating loss relief and group relief.
3. Demonstrate a broad knowledge of capital gains tax for individuals and chargeable gains for companies.
4. Evaluate and apply the principles of inheritance tax and value added tax special schemes.