Fees indicated are based on the current year (August 2015 to July 2016) and are subject to change next year.
All our further education courses (Entry to Level 3) are free if you are 16-18 years old. Depending on your circumstances, you may be eligible for financial support to help with other costs associated with your course such as course materials and travel.
If you are aged 19 or over you may be required to pay fees.
If you are enrolling onto a Level 3 or 4 course and are over 24 years of age the fees may be higher and you will be required to take out a 24+ loan, please see the guide to fees for more information.
International students will be required to pay the full International course fee.
For more information, see our guide to fees.
This optional unit introduces the student to UK taxation relevant to businesses. It is about the computing of business taxation, preparation of tax returns and how taxation has an impact on the running of a business for sole traders, partnerships and limited companies.
In learning how to prepare tax computations, students will gain skills in the tax treatment of capital expenditure, and the adjustment of accounting profits for tax purposes for sole traders, partnerships and limited companies. In addition, they will be able to allocate profits between partners in a partnership and be able to calculate National Insurance (NI) contributions for the self-employed. They will understand how to compute tax on the sale of capital assets and they will have an introduction to some of the tax reliefs available to businesses.
- Complete tax returns for sole traders and partnerships and prepare supporting tax computations
- Complete tax returns for limited companies and prepare supporting tax computations
- Provide advice on the UK’s tax regime and its impact on sole traders, partnerships and limited companies
- Advise business clients on tax reliefs, and their responsibilities and their agent’s responsibilities in reporting taxation to HMRC
- Prepare tax computations for the sale of capital assets
To start this programme, you will need to have completed the following qualification: AAT Advanced Diploma in Accounting
This course may also be appropriate for those are already working in finance who would like to continue to build their accounting skills and would like a formal recognition of their skills
Students must successfully complete three mandatory unit assessments (Budgeting, Decision and Control and Financial Statements of Limited Companies) and one end of unit assessment where all four mandatory units will be assessed. In addition, students complete unit assessments for two optional units.
Learners are entitled to 1 free re-sit for the whole level and will have to pay for all re-sits after that. Re-sits are £50 for each re-sit (this is to cover the AAT exam fee and our administration costs).
You will learn in dedicated classrooms and study on a part time basis being taught by a highly experienced lecturers.
The Professional Diploma modules start in September, January/February each year.