AAT Management Accounting Level 4 Module

Personal Tax is an optional unit AAT (Association of Accounting Technicians) Diploma in Professional Accounting, which is a higher-level professional accounting qualification. If you successfully complete this unit it will count towards the full Diploma in Accounting qualification, if you wish to pursue the qualification. If you are looking to achieve the full qualification ESC offer the full course, with various starting points throughout the academic year

This unit includes how to calculate income tax, national insurance contributions, taxable benefits, capital gains tax and basic inheritance tax.

UNITS/TOPICS COVERED:

You will study the following optional unit:

• Personal Tax

For information purposes, the mandatory units are:

• Drafting and Interpreting Financial Statements
• Applied Management Accounting
• Internal Accounting Systems and Controls

The optional units taught at East Surrey College are:

• Personal Tax
• Credit and Debt Management

The following optional units can be taken independently

• Business Tax
• Audit & Assurance
• Cash and Financial Management

EQUIPMENT NEEDED:

Books, pen, paper, Scientific calculator, access to the internet, a quiet place to work from home, and a device such as a PC/laptop or tablet.

Achievement of an AAT Level 3 Advanced Diploma in Accounting is essential plus English GCSE.

The accountancy skills developed by studying this qualification will enable you to seek employment with confidence, and/or to progress to study chartered accountancy.

The unit is assessed through a computer-based exam, which draws on and assesses knowledge and understanding from across the topic. The assessment is marked by AAT. To achieve success, you will need a mark of 70% in the assessment.