Module Code: H9T
Long Title Taxation
Title Taxation
Module Level: LEVEL 9
EQF Level: 7
EHEA Level: Second Cycle
Credits: 5
Module Coordinator: Anne Cooper
Module Author: Andrea Del Campo Dugova
Departments: School of Business
Specifications of the qualifications and experience required of staff

Lecturer: The lecturer of this module is required to have a Level 9 qualification in Accounting or Taxation or a cognate discipline, relevant industry experience, as well as a track record of teaching in a higher institution. Professional taxation examinations also necessary.  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Develop a critical awareness of different taxation laws across jurisdictions.
LO2 Critically reflect on an understanding and application of the legislation, procedure and practice governing the taxation of the majority of individuals (income tax).
LO3 Evaluate differences between accounting revenues and costs and taxable income and deductible expenses.
LO4 Appraise the provisions of Local Property tax and apply the relevant provisions in computing the LPT liability for a given set of circumstances.
LO5 Appreciate the legislative provision and principles underpinning Value Added Tax (VAT) and apply such provision in the preparation of VAT computations for supplies within Ireland and internationally.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements

The programme entry requirements apply.
 

Module Content & Assessment

Indicative Content
Taxation - Theory and the Economy:
History and the role of taxation in the economy. Tax Base. Canons of taxation. Progressive, proportional and regressive taxes. Classification of Income and Types of taxes. Direct and indirect taxes.
Irish Tax Law and Practice:
Structure of Irish tax law. Overview of Tax Acts and Finance Acts. How to find the relevant provisions in the Irish tax statutes. The role of case law. Revenue statements of practice.
Administration of the Income Tax System:
Territoriality. Meaning of residence, ordinary residence and domicile and corresponding implication for assessing Irish income liability. Remittance and Limited Remittance Basis. Split Year residence and Domicile Levy. Classification of Income. PAYE system. Scope, Employer obligations, operation of PAYE –SRCOP/Credits, cumulative etc.; refunds via PAYE, Emergency tax. PRSI and USC computation for employees. Relevant forms. Taxation of social welfare benefits. Self-assessment and chargeable person. Registration for Income Tax. Obligations under self-assessment. Form 11. Self- Correction and Appeals. Revenue Audits. Interest and penalties. Paye anytime and ROS. Tax avoidance/evasion and need to ethical/professional approach; RCT; PSWT.
General Principles:
Income versus capital. Classification of tax payers and Income. Layout of Income Tax Computations. Income tax computation incorporating the following schedules and relief’s/credits.
Schedule D, Cases III/ IV/V:
Assessable income and basis of assessment. Operation of the DIRT system. Deposit Interest from EU financial institution. Schedule D, Case V. Assessable income and basis of assessment. Premiums on short leases. Losses. Rents paid to Non-Residents. Rent a room
Schedule E:
Assessable income and basis of assessment; Relief for Charges on Income , Tax relief’s at standard and marginal rate and Personal Tax Credits. Rates of tax and Standard Rate Cut Of Points. Coverage of key credits and key tax reliefs - carer/nursing home, PHI, Revenue Job assist, Charitable donation, Pension contributions, EII and Film Investment. Charges on Income – Covenants, Patent Royalties. Age exemption, childcare services, retirement of certain sports persons and artist exemption.; Termination; Benefit in Kind
Taxation of Married Couples/ Civil Partnership:
Bases of assessment. Death and separation/divorce.
Local Property Tax:
Definitions – liable person ,residential property, liability date/valuation date. Calculation of LPD. Returns and Payment of LTP. Compliance – penalties for non -filing/late payment and self -assessed taxpayers. Appeals. Household charge and NPPR charge.
Value Added Tax (VAT) (30%):
General principles. Legislation and Directives. Taxable individuals and registration, including groups. Charge to Vat applicable rates and exemptions. Deductible and Non-Deductible VAT. Supply of Goods and Services and determination of place of supply. Self-supply. Gifts. Vat reverse charge. Intra-Community Acquisitions and supplies and Vies/Intrastate. Export/Imports. Cash Receipt Basis. Basic VAT computations. Administration of the self-assessment system. Record keeping
Assessment Breakdown%
Coursework30.00%
End of Module Assessment70.00%

Assessments

Blended

Coursework
Assessment Type: Continuous Assessment % of total: 30
Assessment Date: n/a Outcome addressed: 1,2
Non-Marked: No
Assessment Description:
Candidates are required to complete one in-class examination. The in-class examination will be worth 30%.
End of Module Assessment
Assessment Type: Terminal Exam % of total: 70
Assessment Date: End-of-Semester Outcome addressed: 1,2,3,4,5
Non-Marked: No
Assessment Description:
Final Examination (70%) will be 3 hours in duration and will contain compulsory questions along with a section whereby students can choose from a selection of questions. The examination will include computational and written elements.
No Workplace Assessment
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
Reassessment Description
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

NCIRL reserves the right to alter the nature and timings of assessment

 

Module Workload

Module Target Workload Hours 0 Hours
Workload: Blended
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Directed Learning Directed e-learning 36 Per Semester 3.00
Independent Learning Time Independent learning 89 Per Semester 7.42
Total Weekly Contact Hours 3.00
 

Module Resources

Recommended Book Resources
  • Dr Patrick Mulcahy. Irish Taxation: Law and Practice, 2021/22, 19th. Irish Tax Institute.
Supplementary Book Resources
  • CA Proficiency 1 Taxation 1 (ROI) 2021 – 22, Chartered Accountants Ireland, Ireland.
  • CA Proficiency 2 Taxation 2 (ROI) 2021 – 22, Chartered Accountants Ireland, Ireland.
  • Andy Lymer and Lynne Oats. Taxation: Policy and Practice (2021/22), 28th. Fiscal Publications.
This module does not have any article/paper resources
Other Resources
  • [Website], Revenue Commissioners:,
    http://www.revenue.ie
  • [Newspapers/Journals], Daily newspapers and business journals.
  • [Moodle], Additional reading will be posted on moodle throughout the semester..
Discussion Note: