Overview

Are you a small business owner or someone looking to improve employee knowledge of the tax system? The Introduction to Tax Accounting Certification offers UK-specific course material, which is designed to provide employees with a foundational knowledge base of the current tax system.

Across 10 modules, this programme discusses a wide range of topics, all intended to equip employees with the required skills, in order to work in a tax setting. It is meant specifically for small and medium-sized businesses.

Update your own skills, or that of your staff, with this easy-to-follow course, or take the first step in training new employees in this exciting field.

You will learn:

Throughout the 10 modules, the course will cover numerous topics, including:

• The UK taxation system, including the history of taxation and UK regulations and standards;
• UK-specific benefits and how they work, such as Working Tax Credit, Jobseeker’s Allowance, Income Support, Universal Credit and Bereavement Allowance, to name just a few;
• National Insurance contributions and how they impact income tax, as well as specific tax codes and rates and how to submit a self-assessment;
• An overview of various taxation systems, such as business taxes, Value Added Tax (VAT), payroll and wages;
• Information on taxes related to importing and exporting goods and services, including duty relief and how to classify goods;
• Accounts and financial management, which will focus on areas such as double entry accounting, preparation of profit/loss statements and balance sheets and calculating and managing cash flow.