TAX08005 2016 Taxation 2

General Details

Full Title
Taxation 2
Transcript Title
N/A %
Subject Area
TAX - Taxation/Auditing
BUS - Business
08 - NFQ Level 8
05 - 05 Credits
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
Riona Lyons
Programme Membership
SG_BACCO_K08 201600 Bachelor of Business (Honours) in Accounting Stream (Add-on) SG_BACCO_H08 202100 Bachelor of Arts (Honours) in Business in Accounting L8 SG_BFINA_H08 202100 Bachelor of Business (Honours) in Business in Finance and Investment SG_BFINV_K08 202100 Bachelor of Business (Honours) in Business in Finance and Investment Stream(Add-on)

To provide an overview of the Irish taxation system and an in-depth insight into the scope and principles of Corporation tax, Capital Gains tax and Value- Added tax.


Learning Outcomes

On completion of this module the learner will/should be able to;


Identity transactions which give rise to a disposal for CGT purposes, prepare CGT computations and discuss reliefs that may be available.


Explain the major differences between income tax and corporation tax. Calculate the taxable profits and tax liability of a company, and explain and compute reliefs available to companies/groups of companies


Explain when a charge to VAT arises, identify the appropriate VAT rates in various scenarios, and calculate a basic VAT liability for an accountable person.


Identify the dues dates for payment of CGT, CT, VAT and for filing of the appropriate returns along with consequences for non-compliance.

Teaching and Learning Strategies

This module will be delivered through a combination of lectures and practical tutorials.

Module Assessment Strategies

This module will be assessed through a combination of appropriate assessment(s) and exam. Assessments will contain theoretical and numerical parts.


Repeat Assessments

Repeat assessments will be developed in accordance with the requirements of the module.

Module Dependencies


Indicative Syllabus

1. Capital Gains Tax (CGT): scope, calculation of liabilities, reliefs 

2. Corporation Tax (CT): scope, calculation of liabilities, reliefs

3. Value Added Tax (VAT): scope, calculation of liabilities, reliefs

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
20 %
End of Semester / Year Formal Exam
80 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Continuous Assessment Continuous Assessment UNKNOWN 20 % Week 8 1,2

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam End of semester exam Final Exam UNKNOWN 80 % End of Term 1,2,3,4

Full Time Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Tiered Classroom Lecture 4 Weekly 4.00
Independent Learning UNKNOWN Self Study 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

Module Resources

Non ISBN Literary Resources

The latest editions of the following:

  • Irish Taxation Law and Practice;  Institute of Taxation
  • The Student's Tax Handbook; Conlon, Tom ; McKeon Murray
Other Resources


Additional Information