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UK Tax Accounting at QLS Level 5 Course

UK Tax Accounting at QLS Level 5 Course

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • On-Demand course

  • 3 weeks

  • All levels

Description

UK Tax Accounting course is the ideal opportunity to enhance your knowledge and skills in accounting and finance. By completing this course, you will gain a thorough understanding of UK tax laws, regulations, and practices, allowing you to effectively provide tax planning and advisory services to clients.

Throughout the course, you will explore topics such as tax compliance, tax legislation, and tax computations, gaining valuable insights into how to prepare tax returns and financial statements. Additionally, you will learn how to apply tax laws and regulations to specific situations and analyse the impact of tax decisions on a company's financial performance.

By the end of this training course, you will have the knowledge and skills to:

  • Effectively manage and plan for taxes in a business environment

  • Understand the UK tax system and its complexities

  • Analyse and apply tax laws and regulations to specific situations

  • Prepare tax returns and financial statements

  • Provide tax advisory services to clients

Enrol today to take the first step towards advancing your career in accounting and finance with our UK Tax Accounting at QLS Level 5 training course.

Highlights of The Certificate of Achievement Endorsed by the Quality Licence Scheme included with this Package:

  • The Quality Licence Scheme ensures that the course you enrolled is of the highest quality.

  • It helps you to easily get recognised by employers.

  • The endorsed certificate will make you stand out from the crowd when applying for jobs during this pandemic.

  • The Certificate of Achievement Endorsed by the Quality Licence Scheme has already helped thousands of people to reach their professional goals and get better jobs.

Why People Enrol This from One Education:

  • Receive a Quality Licence Scheme-endorsed certificate upon successful completion Learning materials of our course contain engaging voiceover and visual elements for your comfort

  • Get 24/7 access to all course content for a full year

  • Complete the course at your own pace

  • Each of our students gets full tutor support on weekdays (Monday to Friday)

  • Efficient assessments and instant results upon completion of our course

This masterclass training course is designed by industry experts and will give you an in-depth understanding of this topic. The course features easy-to-digest modules that break down each topic and ensure all our students receive an unrivalled and thorough learning experience.

If you want to work in this rapidly growing sector and stand out from the competition, then this is the perfect place to kickstart your dream career.

Course Curriculum:

Here is a curriculum breakdown of the course:

Module 01: Introduction to Accounting

  • Introduction

  • First Transactions

  • T Accounts introduction

  • T-Accounts conclusion

  • Trial Balance

  • Income Statement

  • Balance Sheet

Module 02: Income Statement and Balance Sheet

  • Balance Sheet Variations

  • Accounts in practise

  • Balance Sheets what are they

  • Balance Sheet Level 2

  • Income Statement Introduction

  • Are they Expenses, or Assets

  • Accounting Jargon

Module 03: Tax System and Administration in the UK

  • What is Tax?

  • Origin & History

  • The Economic Function

  • The Social Justice Purpose

Module 04: Tax on Individuals

  • Individual Taxes in the United Kingdom

  • Your Rights and Obligations as an Employee and as a Self-Employed Individual

Module 05: National Insurance

  • Overview

  • National Insurance Classes

  • The Amount of National Insurance Payment

  • Importance of National Insurance

Module 06: How to Submit a Self-Assessment Tax Return

  • Overview

  • Who must Send a Tax Return

  • Registering and Sending a Return

  • Deadlines

Module 07: Fundamentals of Income Tax

  • Overview

  • The Taxable Income Statement

  • Personal Allowances

  • Computation of Income Tax Liability

Module 08: Payee, Payroll and Wages

  • What is the Pay As You Earn (PAYE) System

  • Use of Tax Codes to Deduct Tax Under PAYE

  • Emergency Tax Codes

  • Notice of Coding

Module 09: Value Added Tax

  • Introduction

  • VAT Registration

  • Accounting for VAT

  • Schemes for Small Businesses

Module 10: Corporation Tax

  • Introduction

  • The Statement of Taxable Total Profits

  • The Corporation Tax Liability

Module 11: Double Entry Accounting

  • Basic Terminology

  • Debits and Credits

  • Double-Entry System

Module 12: Career as a Tax Accountant in the UK

  • Responsibilities

  • Salary

  • Working Hours

  • What to Expect

How is the course assessed?

To simplify the procedure of evaluation and accreditation for learners, we provide an automated assessment system. Upon completion of an online module, you will immediately be given access to a specifically crafted MCQ test. The results will be evaluated instantly, and the score displayed for your perusal. For each test, the pass mark will be set to 60%.

When all tests have been successfully passed, you will be able to claim a certificate endorsed by the Quality Licence Scheme.

Certificate of Achievement

Endorsed Certificate of Achievement from the Quality Licence Scheme

After successfully completing the UK Tax Accounting at QLS Level 5, learners will get an endorsed certificate (included with the course) delivered right at their doorstep by post, without paying a single penny! Please note that learners residing outside the UK have to pay a £10 postage charge.

Accredited Certification from One Education

After successfully completing the MCQ assessment of this course, you will also qualify for a CPD Accredited Certificate from One Education, as proof of your continued professional development. Certification is available in PDF format, at the cost of £9, or a hard copy can be sent to you via post, at the cost of £15.

Who is this course for?

The training is ideal for highly motivated individuals who want to enhance their professional skills and train for the job they want! This course also suits people aspiring for some in-depth knowledge on this topic and keep up to date with the latest information.

Study the course today and increase your professional skillset from the comfort of your home!

Requirements

There are no formal entry requirements for the course, with enrollment open to anyone! Anyone and everyone with a knack for learning can enrol on this course without any hesitation.

Learn online from any internet device, including your computer, tablet or smartphone. Study when it suits you and complete the course at your own pace.

All students must have a passion for learning and literacy, as well as being over the age of 16.

Career path

Learn the essential skills and knowledge you need to exceed in your professional life with the help & guidance from our course. Explore jobs such as:

  • Tax Accountant

  • Tax Manager

  • Tax Consultant

  • Corporate Tax Manager

  • Tax Advisor

  • Tax Compliance Manager

  • Indirect Tax Manager

  • International Tax Manager

  • Personal Tax Manager

  • Transfer Pricing Manager

About The Provider

With a team of industry professionals producing and delivering our course content, you can be sure the skills and knowledge you learn apply to your career aspirations in manag...

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