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Module 1
5 lessons
Module 2
6 lessons
Module 3
6 lessons
Module 1
8 lessons
Module 2
9 lessons
Module 3
6 lessons
Module 4
6 lessons
Module 5
5 lessons
Module 6
7 lessons
Module 7
7 lessons
Module 8
3 lessons
Module 9
6 lessons
Module 10
5 lessons
Module 11
5 lessons
Module 1
6 lessons
Module 2
4 lessons
Module 3
5 lessons
Module 4
7 lessons
Module 1
7 lessons
Module 1
7 lessons
Module 2
6 lessons
Module 3
5 lessons
Module 4
5 lessons
Module 5
6 lessons
Module 1
6 lessons
Module 2
6 lessons
Section

B. Income tax and NIC liabilities

Explore how income tax and National Insurance Contributions apply to individuals. Topics include allowances, tax bands, employment income, self-employment, and property income.

11 modules 67 lessons

Modules

Module 1

IT introduction

8 lessons
The scope of income tax - part 1
The scope of income tax - part 2
The scope of income tax - part 3
Income tax computation
Benefits in kind
Gift aid and charitable giving
Child benefit charge
Jointly owned property

Module 2

IT employment income

9 lessons
Employment overview
Basis of assessment
Benefits in kind - part 1
Benefits in kind - part 2
Benefits in kind - part 3
Benefits in kind - part 4
Allowable deductions
PAYE system
Question

Module 3

Investment income

6 lessons
Savings income
Dividend income
Exempt investment income
Accrued income
Planning
Question

Module 4

Property income

6 lessons
Property income
Furnished holiday lettings
Rent a room relief
Grant of a short lease
Property losses
Planning

Module 5

Pensions

5 lessons
Overview of pensions
Key terms
Tax relief on contributions
Annual allowance
Pension benefits

Module 6

Self-employment

7 lessons
Overview - self-employment
Badges of trade
Calculation of trade profit - part 1
Calculation of trade profit - part 2
Calculation of trade profit - part 3
Calculation of trade profit - part 4
More on the cash basis

Module 7

Capital allowances

7 lessons
Introduction to capital allowances
Main pool and special rate pool
Annual investment allowance - part 1
Annual investment allowance - part 2
First year allowances and short life assets
Structures and buildings allowance
Question approach

Module 8

Basis of assessment

3 lessons
Basis of assessment
New trade and cessation of trade
Transition profits

Module 9

Relief for trade losses

6 lessons
Continuous trades - part 1
Continuous trades - part 2
Restriction on loss relief
Opening years losses
Closing year losses
Planning

Module 10

Partnerships

5 lessons
Overview - partnerships
Allocation of trade profit
Changes to PSA
Joiners and leavers
Question approach

Module 11

National insurance

5 lessons
Introduction to national insurance
Tax tables
Employment
Self-employment
Question approach

Choose Your Access Level

Taxation Subject