Personal Tax Training aims to provide essential knowledge of income tax. Personal Tax Training target individuals who need to bring themselves up to date on personal tax. This course aims to benefit self-employed individuals who are required to complete self-assessment tax return at the end of the year.
All self employed people and Companies directors are required by law to complete a Self Assessment Tax Return every year. If you are a self employed person you may learn how to do tax return yourself. As a result you can save money by not having to pay to an external agent.
Many students have chosen to take this course to add weight to their portfolio; a choice that we feel is time (and money) well spent.
Course Content
- Preparing Income & expenditure accounts for sole traders
- Finalizing the accounts
- Analysing the accounts for sole traders
- Calculating the taxes for sole trader profits
- Tax planning for sole traders based on the taxes on accounts
- Understanding differences between Drawings & Dividends
- Efficient tax Planning
- Understanding submission procedures to HMRC
- Analysing Class2 & Class 4 NIC
- Analysing Personal Allowance
- Income from Self Employments
- Income of company directors
- Analysis of Employment benefits
- Analysis of Car & Fuel benefits
- Analysis of savings and investment income and tax implications on them.
- Capital Gains Tax analysis
- Inheritance Tax Analysis
Class Duration:
Classroom Based – 2 weeks
Study Option:
Classroom Based- we offer Daytime and Weekend session for Self Assessment Tax return training
Why Choose Us?
- Our courses represent outstanding value for money
- Tutorial support
- High quality e-learning study materials and mock exams.
- Each course is designed by industry experts, using an innovative interactive learning approach
- Benefit of applying NUS extra Discount Card.
- Anytime & Anywhere Learning.
- Recognized Accredited Qualification.
- Study in a user friendly, advanced Virtual learning platform
- Excellent student support and administrative support
