Tax Demystified
4.2 (19 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
81 students enrolled

Tax Demystified

The Basics of Vat, Corporation Tax, Personal Tax & Self Assessment in the UK
4.2 (19 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
81 students enrolled
Created by Lisa Newton
Last updated 2/2017
English
English [Auto]
Current price: $20.99 Original price: $29.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 1 hour on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Understand Personal Tax, Self Assessment, Corportation Tax and VAT - the rates, who it effects, deadlines, how to register and general overview of the UK system
Requirements
  • Student need to have an interest in learning about the tax system in the UK
Description

This course explains the basics of 4 types of UK taxes: VAT (Value Added Tax), Corporation Tax, Personal Tax and Self Assessment. We cover who needs to register, by when, deadlines, filing penalties, how to register, rates of tax and also National Insurance. 

For VAT we look at the different VAT schemes available, which services are vatable, the VAT threshold, the different rates of VAT, how VAT is filed, where you go to register for VAT and when etc.,

For corporation tax - we look at who is affected by it, the rate, where to go to register, the filing deadlines and penalties, the obligations and the relationship between HMRC and Companies House. etc.,

For Self Assessment - we look at who is affected, late filing penalties, where to register, what records to keep and for how long etc.,

For employed people - we cover the tax rates and National Insurance Rates - and the different types of classes of National Insurance, that exist, when they apply and when they don't.

Who this course is for:
  • Entrepreneurs, business owners, self employed, those who need to have an overal general understanding of the UK tax system
Course content
Expand all 10 lectures 01:11:49
+ The Taxes
7 lectures 01:03:39
Personal Tax Codes
05:39
National Insurance
10:09
Self Employment
12:33
Record Keeping
11:01
VAT
11:38
Corporation Tax
04:54