What this means: 

  • The ACCA Qualification develops an understanding of taxation and its impact on transactions as well as on business generally.
  • The ACCA Qualification gives an opportunity to specialise in taxation at Strategic Professional Level.

Developing the Taxation competency

Explore the competency statements to discover how the ACCA Qualification develops this competency through a combination of exams, experience and ethics. Browse related jobs to find relevant finance roles and opportunities.

A. Communicates knowledge of the operation and scope of the tax system, obligations of tax payers, the implications of non-compliance and advises on tax planning.

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    A1. Explains to stakeholders:

    • the operation and scope of the tax system
    • the obligations of tax payer and/or their agents
    • consequences of non-compliance and unethical behaviour
    • the differences between tax planning, tax avoidance and tax evasion.

    A2. Takes a holistic view of the business to:

    • align tax planning with business strategy
    • assess the tax implications of proposed commercial decisions
    • discuss and suggest alternative courses of action.

    A3. Builds and applies knowledge of cross-border tax.

    A4. Completes tax computations and perform analysis and compliance using:

    • Uses appropriate electronic tax administration platforms
    • general digital communication technologies
    • specialist software.

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Exams Syllabus Experience Ethics
Taxation A1, A2, A3, A4, A5, A6 PO17 a, c  
Advanced Taxation A1, A2, A3, A4, A5, A6, B, C, D PO16 b, c, d, e  

B. Advises ethically on strategic tax plans and computes the tax liabilities of individuals.

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    B1. Prepares tax computations and related documents for individuals. This involves extracting and analysing data from financial records.

    B2. Advises individuals and unincorporated businesses when tax assessments are received.

    B3. Ethically advises on the minimisation and/or deferral of tax through standard planning measures on income or personal tax issues relating to:

    • inheritance tax 
    • chargeable gains
    • standard reliefs
    • exemptions 
    • incentives.

    B4. Advises on and computes statutory insurance contributions by:

    • employers
    • self-employed 
    • employees.

    B5. Ensures clients comply with their tax obligations, both in the spirit and the letter of law including:

    • verifying submissions 
    • meeting the deadline for those submissions.

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Exams Syllabus Experience Ethics
Taxation B, C, D PO15 a, b, e  
Advanced Taxation A1, A2, A3, B, C, D PO16 a;
PO17 b, d
 

C. Advises ethically on strategic tax plans  and computes the corporation tax liabilities of individual companies and groups of companies.

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    C1. Extracts and analyses tax data from financial records preparing corporation tax computations and related documents.

    C2. Prepares tax assessments for companies and groups that are legally compliant.

    C3. Ethically advises on corporate tax issues and minimisation and/or deferral of tax through standard planning relating to:

    • group entities
    • chargeable gains
    • standard reliefs
    • exemptions 
    • incentives.

    C4. Ensures clients comply with their tax obligations, both in the spirit and the letter of law including verifying submissions and meeting the deadline for those submissions.

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Exams Syllabus Experience       Ethics       
Taxation E PO15 a, c, e  
Advanced Taxation A4, B, C, D PO16 a;
PO17 b, d
 

D. Explains and computes the effects of value added tax (VAT) / goods and services tax (GST) and indirect tax on incorporated and unincorporated businesses and advising appropriately.

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    D1. For incorporated and unincorporated businesses explains and computes the effects of value added tax (VAT) or goods and services tax (GST).

    D2. Advises on and computes the effect of sales tax/VAT/GST for incorporated and unincorporated businesses.

    D3. Ethically advises on indirect tax issues including advising on minimisation and/or deferral of tax through standard planning measures such as:

    • reliefs
    • exemptions 
    • incentives.

    D4. Ensures clients comply with their indirect tax obligations, both in the spirit and the letter of law, including verifying clients’ VAT/GST submissions and other documents and; meeting the deadline for those submissions.

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Exams Syllabus Experience    Ethics          
Taxation F PO15 a, d  
Advanced Taxation A6, B, C, D PO16 a  

Related professional quotients

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Technical skills and ethics

Technical and ethical knowledge is essential to explain and compute tax liabilities ensuring accurate submissions to tax authorities.

Digital

Digital knowledge is deployed in using digital tax administration platforms and operating specialist software for computations, compliance and analysis.

Experience

Experience explains how tax systems operate, the obligations of taxpayers and agents and consequences of non-compliance and unethical behaviour.