Module Overview

Introduction to Taxation

The key aims of this module is to enable students to apply the basic principles and concepts of taxation to
prepare personal income taxation computations and to provide an introduction to VAT.

Module Code

ACCF H2014

ECTS Credits


*Curricular information is subject to change

See above 

Income tax liabilities of a chargeable person

Schedule E – Taxation of Employment income,Employed v Self Employed and Benefit-in-kind,Schedule D Case III/IV and V,Schedule F – treatment of dividends received from Irish companies,Individual Tax credits and Tax bands, Tax credits – Refundable and Non-refundable,Allowances and Reliefs,Tax rates and Rate bands,Low income exemption and marginal relief,Relief for pension contributions.

Income Tax of married couples

Taxation of married couples under joint and separate assessment, Year of marriage relief, Taxation of separated spouses including the treatment of maintenance payments.

Calculation of local property tax liabilities of individuals

Liability to and calculation of local property tax charge, Payment options available.

Value Added Tax

General principles and administration procedures,Taxable persons, registration thresholds and taxable periods, Calculation of liabilities on trading transactions within Ireland including self supply rules, composite and multiple supplies, different bases for accounting for VAT.

Calculation of PRSI and USC charges of individuals

Liability to and calculation of PRSI and USC including income liable and not liable.

The teaching strategy for all of the taxation modules is one which emphasises the need for the student to be actively engaged in the learning process, both in class and when they are studying in their own time. In order to achieve this, students are encouraged to ask and answer questions during class, to do examples in class as well as following solutions prepared by the lecturer. A large element of year 2 and 3 activity involves practically applying the knowledge gained to given situations. In year 4 the approach changes to incorporate more of a problem solving approach – for example consideration if a taxpayer qualifies for a relief and if the taxpayer should claim the relief. This develops problembased learning skills which are important for the accountant/tax consultant in their future careers. As part of an active learning strategy, communication skills are emphasised particularly in year 4 tax classes. It is important that an accountant or tax consultant be able to explain tax rules both orally and in written form. Particular emphasis is placed on this throughout year 4 tax classes where rules relating to specific reliefs and those relating to specific company tax issues are emphasised through oral and written communication by lecturer and student alike. Research skills are also an important element of the teaching and learning strategies of these modules, particularly in year 4, where some case study exercises are carried out which develop research and problem solving skills. Given the emphasis on taxation in the media in recent years, discussion of current tax issues is also featured in tax classes from years 2 to 4. Throughout these classes the students’ responsibility for their learning both within and outside the class is emphasised. Taxation is a subject that is constantly changing. Each year material is updated so that students are learning current information about tax issues. Class notes and a comprehensive textbook support the teaching of tax material in all years. The department uses Moodle to disseminate notes to students, to publish past exam /assessment papers and suggested solutions, to add extra reading relevant to the topic being studied and with links to relevant websites to encourage students to research topics being studied. Some recordings of relevant material are also available for students particularly to revise relevant material from prior years. In delivering the programme we will also be cognisant of emerging taxation policies including those that support sustainability. Any programme for sustainable development has implications for public spending. In addressing this issue, it must be understood that public expenditure programmes and taxes provide a framework which help to shape market prices, as well as rewarding certain activities and penalising others.

Module Content & Assessment
Assessment Breakdown %
Formal Examination70
Other Assessment(s)30