Your report must include the subjects of National Insurance and VAT and how they will impact in this instance. The administration and penalty regime for relevant taxes must also be examined.
Wherever possible, your discussion should include worked examples to illustrate principles, offer guidance and inform decision-making. Explain and appreciate the scope, operation and administration of the tax system as it applies to — individuals — and companies. Investigate the VAT system and make decisions regarding registration for individuals and companies.
Understand how National Insurance complements the Income tax system and perform calculations for individuals and companies.
Assessment Criteria The following specific criteria will be used for this work: Demonstration an understanding of the scope, operation and administration of the tax system and how it applies to — individuals marks — and companies 65 marks. Understand how the National Insurance system complements the Income Tax system and demonstrate this with examples 30 marks Grading Matrix: This matrix captures the assessment criteria for this part of the coursework.
Assignment briefing Required Prepare a comprehensive written report, in Microsoft Word, for Sally Forth that addresses the personal taxation consequences of her commencing self-employment as well as the general taxation principles and considerations involved with her running a business and its subsequent development over time.
Learning Outcomes 1. Demonstration an understanding of the scope, operation and administration of the tax system and how it applies to — individuals marks — and companies 65 marks 2. Advise how VAT will impact the business or individual 30 marks 3. Content is protected!! Gypsy Fire. The Gambling Bug. Mata Hari. Crystals of Power. Jungle Spirit: Call of the Wild. Roman Tribune.
Wolf Cub. Daily Weekly Monthly Tables.
Must be 21 or over You must be 21 or over to play on this site. This website utilizes United States Patent No. You have already created an account. Please login with your existing details or contact customer services if you need any assistance. Lillian P.
Assignment task s.
Sally Forth lives in the UK and is a marketing manager for a large corporation. Unfortunately, the company she works for has asked for members of staff to volunteer for redundancy in a re-structuring programme. Should she volunteer, Sally would receive a 50, lump phd thesis on vat from her employer.
Sally would then use the money to start her own business as a marketing consultant.