LW3REV-Revenue Law

Module Provider: School of Law
Number of credits: 20 [10 ECTS credits]
Level:6
Terms in which taught: Autumn / Spring term module
Pre-requisites:
Non-modular pre-requisites: Eligible to proceed to the final part of any LLB degree, or with the permission of the Head of the School of Law. Available to visiting i.e. ERASMUS.
Co-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Dr David Wilde
Email: d.c.wilde@reading.ac.uk

Type of module:

Summary module description:
To introduce students to the major rules and principles of tax law.

Aims:
To teach the general principles, most important detailed rules, and most pervasive problems of classification, of the UK's law of direct taxation; with particular emphasis on the taxation of business income.

Assessable learning outcomes:
By the end of this module it is expected that the student will be able to:

• identify the sources of the UK's law of direct taxation;

• display familiarity with the key provisions of the statutory code and a capacity to apply techniques of statutory interpretation;

• demonstrate a knowledge of existing case-law doctrine and an ability to apply rules of precedent;

• formulate and evaluate legal arguments, incorporating the most important published commentary;

• solve tax law problems;

• evaluate the existing law.

Additional outcomes:
Students will develop oral communication skills in tutorials; written skills in essay work; and research skills in preparation for tutorials and examination.

Outline content:

• General introduction to the framework of the UK's law of direct taxation.
• The distinction between income and capital.
• Income tax: with particular emphasis on income from trades, professions, and vocations.
• Capital gains tax.
• Corporation tax.
• Inheritance tax.
• The law on tax avoidance.

Brief description of teaching and learning methods:
Teaching will be by video lectures in the first term and tutorials in the second. Students will be required to complete one piece of written work.

Contact hours:

Ìý	Autumn	Spring	Summer
Lectures	25
Tutorials		5
Guided independent study:	75	95
Ìý	Ìý	Ìý	Ìý
Total hours by term	100	100
Ìý	Ìý	Ìý	Ìý
Total hours for module	200

Summative Assessment Methods:

Method	Percentage
Written exam	100

Summative assessment- Examinations:
One three-hour paper in the Summer Term (four questions to be answered from a selection).

Summative assessment- Coursework and in-class tests:

Formative assessment methods:

Penalties for late submission:

The Support Centres will apply the following penalties for work submitted late:

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
• where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

The University policy statement on penalties for late submission can be found at: /cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:
40%

Reassessment arrangements:
Reassessment arrangements: See School Guide (Programme Assessment).

Additional Costs (specified where applicable):

1) Required text books:Ìý

2) Specialist equipment or materials:Ìý

3) Specialist clothing, footwear or headgear:Ìý

4) Printing and binding:Ìý

5) Computers and devices with a particular specification:Ìý

6) Travel, accommodation and subsistence:Ìý

Last updated: 30 March 2023