LGCA | Build Skills with Online Courses and Certificates by Industry Experts

AAT – Personal Tax

Provides students with a fundamental understanding of the three most common taxes in the United Kingdom: income tax, capital gains tax, and inheritance tax.

£350.00

This course provides students with a fundamental understanding of the three most common taxes in the United Kingdom: income tax, capital gains tax, and inheritance tax. Students will learn both the computational methods for these taxes and strategies for legally minimizing tax liabilities.

The course covers the theoretical basis of taxation and specific details regarding income tax, including income from employment, investments, and property. It also addresses deductions and reliefs, enabling students to calculate their net income tax liability. National Insurance is included as part of the income tax study.

Further, students will explore the principles of capital gains tax and inheritance tax to understand their impact on UK taxpayers.

The course also focuses on how students can apply this tax knowledge to assist clients, ensuring they make informed decisions while complying with tax legislation. It aims to equip students with the ability to accurately compute tax liabilities and understand the ethical considerations for taxation practitioners.

This course is an optional component of the Level 4 Diploma in Professional Accounting.

Learning Outcomes:

On successful completion of this subject, you should be able to:
  1. Understand principles and rules that underpin taxation systems
  2. Calculate UK taxpayers’ total income
  3. Calculate income tax and National Insurance contributions (NICs) payable by UK taxpayers
  4. Calculate capital gains tax payable by UK taxpayers
  5. Understand the principles of inheritance tax

 

Registration and Access

Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.

If you wish to receive an invoice instead of paying online, please contact us at info@lgca.uk. Access to the course is valid for 180 days.

Course Access Duration

Enjoy 6 months of unlimited access to all course materials, including videos, assignments, and resources. This period is designed to provide ample time for you to fully engage with and complete the course at your own pace.

Extension Options

Need more time? Extend your access with:

  • 3-Month Extension: £50 + VAT
  • 6-Month Extension: £90 + VAT

To arrange an extension, contact us at info@lgca.uk. Our support team is here to help.

Certification

Upon the successful completion of the subject Personal Tax, you can advance to the next subject of the AAT Diploma in Professional Accounting Level or If you have already completed other subjects, you can proceed to apply for your full AAT membership.

  • Objectives and functions of taxation
  • Tax planning, tax avoidance and tax evasion
  • Roles and responsibilities of taxation practitioners
  • Residence and domicile
  • Calculate income from employment
  • Calculate income from investments
  • Calculate income from property
  • Calculate income tax payable
  • Calculate National Insurance Contributions (NICs)
  • Tax planning
  • Calculate chargeable gains and allowable losses
  • Calculate chargeable gains and allowable losses for shares
  • Reliefs and exemptions
  • Calculate capital gains tax payable
  • Principles of inheritance tax
  • Study planner and guidance
  • Access to AccountingWise Learn
  • Comprehensive pre-recorded lectures
  • Extensive question practice (including mock exams and feedback)
  • Tutor support via phone or email

The AAT qualification is ideal for people who want a career in finance and business.

  • Format: Computer-based assessment
  • Availability: On Demand
  • Pass: A score of 70%
  • Length: 2 hours
  • Please Note: Official Exam is not provided; it should be purchased separately.

What People Say About LGCA

0
Your Cart is empty!

It looks like you haven't added any items to your cart yet.

Browse Products