What opportunities will this course give me?

Once qualified, students automatically become AAT affiliate members and, with relevant work experience, will qualify for AAT full membership, enabling use of the designatory letters MAAT after their name. However, the primary and most important outcome of this qualification is that it can lead to a wide variety of well-paid accountancy and finance jobs, some of which are professional accounting technician, assistant auditor, assistant management accountant, commercial analyst, payroll manager, senior financial officer, accounts payable and expenses supervisor, assistant financial accountant, cost accountant, fixed asset accountant, indirect tax manager, senior fund accountant, senior insolvency administrator, tax supervisor and VAT accountant. The AAT qualification can give qualified students exemptions towards part of the UKs chartered and certified accountancy qualifications.

What will I be learning?

This unit provides students with the fundamental knowledge of the three most common taxes that affect taxpayers in the United Kingdom (UK): income tax, capital gains tax and inheritance tax. With this knowledge, students will be equipped to prepare not only the computational aspects where appropriate of these taxes, but also appreciate how taxpayers can legally minimise their overall taxation liability.

Students will study the underpinning theory of taxation and will gain knowledge of taxes that affect every taxpayer in the UK. Within income tax, students will cover employment income, income from investments and income from property. Deductions and reliefs that apply to income tax are covered so that students can compute the net income tax liability for a UK taxpayer. National Insurance completes this topic area.

Students will also study capital gains tax and inheritance tax. The fundamental principles of these taxes will be covered so that students can appreciate how they may affect UK taxpayers.

With their knowledge of these three taxes, students will then understand the taxation implications of decisions made by clients, and understand that advice and guidance may be offered to ensure that the taxpayer is complying with tax legislation.

The overall learning aim of the unit is to equip students with a knowledge of taxation as it applies to UK taxpayers so that accurate and fair taxation liabilities can be computed. It also enables students to appreciate the theory behind taxation, including the ethical aspects as it specifically applies to a taxation practitioner.

This unit is optional in the Level 4 Diploma in Professional Accounting.

Why is this course for me?

Each unit of the full qualification is studied and assessed separately and each unit may take up to 14 - 27 weeks to complete. Successful completion of all units will result in the student being awarded a Professional Diploma in Accounting (Level 4) by the AAT. The course of study is via distance learning. Study text books and online resources are supplied upon commencement and supplemented by administrative email and telephone support from the Distance Learning Coordinator, as well as limited individual 1:1 tutorial upon request. The first three mandated and the two chosen specialist units are assessed individually in end-of-unit computer-based assessments. Exams are taken at the college by way of computer based assessment, the assessment for this module must be taken by the end of the unit learning agreement.

What do I need to sign up?

Applicants must have achieved a Level 3 accounting qualification. Candidates will be required to attend an interview with the course administrator prior to commencing on the course and demonstrate an appropriate standard of Literacy and Numeracy by way of a short assessment. All elements of the course include a significant amount of writing and literacy skills are as critical as numeracy skills. Basic IT skills will also be required.

Is there anything else I need to know?

The Association of Accounting Technicians (AAT) is a professional body and membership is required in order to undertake this qualification. Registration with the AAT must be made upon commencement of the course and will incur an additional cost. This module is available from 01 February 2022.

Text and revision workbooks are provided as well as specialist online resources.

Application Information

Apply by clicking on the APPLY NOW link on this page. Alternatively, you can apply by completing an application form through our Information, Advice and Guidance team by telephone 023 8091 1299 or via email at goplaces@eastleigh.ac.uk.

*Fees will apply if you are over 18. You may be eligible for fee support or a loan. To find out an accurate cost, based on your individual circumstances, please contact our Information, Advice and Guidance team.

Course Code

AC22U4/PNTA

Need some further advice?

If you require further advice and guidance about any course costs and/or the funding options available to you, the College has a dedicated Information, Advice and Guidance team who can be contacted on telephone 023 8091 1299.