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.