ACCA Taxation Module - ACCA TX F6

• the overall function and purpose of taxation in a modern economy
• Principal sources of revenue law and practice
• The systems for self-assessment and the making of returns
• The time limits for the submission of information, claims, and payment of tax, including payments on account
• The procedures relating to compliance checks, appeals, and disputes
• Penalties for non-compliance

• The scope of income tax
• Income from employment
• Income from self-employment
• Property and investment income
• The comprehensive computation of taxable income tax liability
• National insurance contributions for employed and self-employed persons
• The use of exemptions and reliefs in deferring and minimising income tax liabilities

• The scope of the taxation of capital gains
• The basic principles of computing gains and losses
• Gains and losses on the disposal of movable and immovable property
• Gains and losses on the disposal of shares and securities
• The computation of capital gains tax
• The use of exemptions and reliefs in deferring and minimising tax liabilities arising on the disposal of capital assets

• The basic principles of computing transfers of vlaue
• The liabilities arising on chargeable lifetime transfers and on the death of an individual
• The use of exemptions in deferring and minimising inheritance tax liabilities
• Payment of inheritance tax

• The scope of corporation tax
• Taxable total profits
• Chargeable gains for companies
• The comprehensive computation of corporation tax liability
• The effect of a group corporate structure for corporation tax purposes
• The use of exemptions and reliefs in deferring and minimising corporation tax liabilities

• The VAT registration requirements
• The computation of VAT liabilities
• The effect of special schemes

• Use computer technology to efficiently access and manipulate relevant information
• Work on relevant response options, using available functions and technology, as would be required in the workplace
• Navigate windows and computer screens to create and amend repsonses to exam requirements, using the appropriate tools
• Present data and information effectively using the appropriate tools

During this course, you will complete a number of progress tests and mock exams in preparation for your exam. You will need to sit an exam at the end of this module in order to achieve a pass.

Exams are not included in the cost of this course. You will need to book and pay for your exams directly with ACCA.

Course duration varies depending on when you enrol and start the course.

This course is offered on a distance learning basis, meaning you will have access to your required study materials. You will also have unlimited support from your personal tutor via email. Studying via distance learning means you can fit your studies around your commitments and progress at your own pace.

On successful completion of your exam, will receive a pass in the ACCA TX F6 Taxation module. This pass will count towards your overall ACCA membership and qualification.

The skills developed during this course will enable you to apply for the following roles:

• Assistant accountant
• Senior bookkeeper
• Accounts assistant
• Audit trainee
• Credit controller
• Finance assistant
• Finance officer
• Payroll supervisor
• Tax assistant

Take a read of our ‘How to Become an Accountant‘ career guide.