CAT / FIA Foundations in Taxation

What you will learn in FTX

The aim of CAT Foundations in Taxation (FTX) is to introduce students to the subject of taxation and to provide the core knowledge of the underlying principles and the major technical areas of taxation

The ACCA FTX Syllabus 2023 includes:
A)  Explain the basic operation and scope of the UK tax system
B)  Prepare adjusted profit / loss computations for trades and professions
C)  Compute the income tax liability of individuals, and prepare the income tax return
D)  Explain and compute the chargeable gains and capital gains tax liability arising on individuals
E)  Compute the corporation tax liability of a company, including any chargeable gains, and prepare the corporation tax return
F)  Explain and compute the effects of value added tax on incorporated and unincorporated businesses and prepare returns