Course description

This unit covers the competencies required to compute tax obligations for individuals and business entities. Competencies include: Applying taxation concepts and regulations in determining tax obligations, determining tax liabilities for different sources of income, computing investment allowances, accounting for value added tax in business transactions and accounting for Miscellaneous charges.

What will i learn?

• ● Identify the types of taxes
• ● Account for VAT and file returns
• ● Compute tax and prepare income tax returns for employed individuals
• ● Apply the rules of taxation
• ● Compute tax and prepare income tax returns for small business establishments
• ● Compute miscellaneous levies and file their returns