Part-time, Evening, Blended, On-line Programmes

Personal and Transaction Tax (Special Purpose Award Level 8, 30 Credits)

Aims

The primary aim of the Certificate in Personal and Transaction Taxation is to introduce learners to Income Tax and VAT principles for those working in SMEs or those with an interest in taxation and wishing to pursue further study in the subject area.

Those who complete the Certificate in Personal and Transaction Taxation will be eligible to apply for an exemption from Professional Accountancy Examinations and may also apply to enter the Bachelor of Arts (Hons) in Accounting under LIT’s transfer and progression policies.

Entry Requirements

An honours degree (level 8) in a non-finance and accounting or a non-cognate discipline or approved equivalent qualification

or

A level 7 qualification in a non-finance and accounting or a non-cognate discipline and at least 1 year relevant professional experience/responsibility.

Content

Semester 1

Personal and Business Tax

• Introduction to Taxation
• Income Tax
• Income from self-employment
• Property and Investment Income
• Employment Income
• Computerized Tax Applications
• Local Property Tax (LPT)
• Social Insurance and Universal Social Charge (USC)
• Stamp Duty
• Subcontracts and RCT
• Professional Services Withholding Tax (PSWT)

Assessment/Examinations

Each module will be assessed by continuous assessment worth 20% throughout the semester and by a written exam, worth 80%, at the end of the relevant semester.

 

Qualification

Certificate in Personal and Transaction Tax (Special Purpose Award Level 8, 30 Credits)

 

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