ACC5003 Personal and Business Taxation

ACC5003 Personal and Business Taxation 2020/21

 Assessment Number 1:         Essay (30%)

 

 Assessment Title:                   Good tax systems

 

 Assessment Length:               2,500 words maximum

 

 Submission Deadline

 

Learning Outcomes Assessment
1-    Demonstrate an understanding of the structure and operation of the system of taxation in the UK and of the application of the various taxation regulations to individuals and businesses – this requires communication and problem-solving skills 2,500  word essay

Assignment Brief:

Consumption, not income tax is often thought to be a fairer basis on which to levy a progressive personal tax. Compare and contrast the two types of taxation and assess, making use of relevant examples, the extent to which each meets the desirable characteristics of a “fair” system of taxation.

Secondary Research Level HE5 – It is expected that the Reference List will contain between ten and fifteen sources. As a MINIMUM the Reference List should include two refereed academic journals and three academic books

Specific Assessment Criteria:

First class: This piece of work shows evidence of wider research with reference to a number of differing academic viewpoints. The essay has recognised relevantly and discussed in detail, all the required external environmental factors which affect a fair tax system.  Several reasoned and logical arguments have been developed well and supported by a wide range of appropriately researched literature. Reference to two or more academic models is clear, relevant and informative. Presentation is of a high standard, and in the appropriate essay style.  The high number of appropriate sources has been referenced accurately and to a high standard.

Second class: A clear and informative piece of work with evidence of wider research and discussion. The essay has correctly recognised and discussed, all the required external environmental factors which affect a fair tax system.  Some reasoned arguments have been developed and supported by a good number of sources.  Reference to two academic models is clear.  Presentation is of a good standard, in the appropriate essay style.  A good number of appropriate sources have been referenced well, with most complying with the Harvard style.

Third class: A reasonable attempt has been made at researching the essay but greater in depth discussion and academic debate is required.  The essay has recognised the external environmental factors which affect a fair tax system, however mostly the discussion is superficial and lacking in any depth.  Reference to two academic models has been attempted.  Presentation of the essay is limited, and Only the minimum of 5 sources has been provided, with at least one academic text and two academic journals included.

Fail: Students who do not meet the requirements of a third class grade will not successfully complete the assessment activity.

Submission Instructions:

See Section 11 in the module guide (Guidelines for the Preparation and Submission of written coursework), which will give you details on how to submit your work electronically.  You are required to submit only electronic copies of your written assessments, unless your Module Tutor advises you otherwise.

Advice:

  • Do not cut and paste phrases or paragraphs from published sources. You should seek to use your own words to explain concepts and theory.
  • If you wish to refer to specific quotes from published sources then you must use full Harvard presentation. See BISSTO for clear guidance.
  • Do not share work with other students.
  • SUBMIT BOTH A PAPER COPY TO YOUR TUTOR AND AN ELECTRONIC COPY TO TURNITIN.

General Assessment Guidelines Level HE5

  Relevance

Knowledge

Argument/Analysis Structure Presentation Written English Research/Referencing
Class I
(Exceptional

Quality)

80%+ As for Class 1(70-79%) but exceptional work
 

70-79%

Directly relevant to title.  Addresses most or all of the implications and assumptions of the title. Demonstrates a wide knowledge/understanding of theory and practice for this level, through the identification and analysis of the most important issues and themes. Makes creative use of appropriate arguments and/or theoretical models. Contains some distinctive or independent thinking.

A comprehensive analysis of the material resulting in clear, logical conclusions.

Coherently articulated and logically structured.

An appropriate format is used.

The presentational style & layout is correct for the type of assignment.

Effective inclusion of figures, tables, plates (FTP).

 

A very well written
answer with standard spelling and grammar.

Style is clear, resourceful and academic.

 

Sources accurately cited in the text. A wide range of appropriate references cited in the reference list in the correct style.
Class II/i
(Very Good Quality)
60-69% Directly relevant to title.

Addresses some of the implications of the issues addressed by the title.

Demonstrates a sound knowledge/understanding of theory and practice for this level through the identification and analysis of key issues and themes. Uses appropriate arguments or theoretical models.

Intermittent analysis of the material, with some descriptive or narrative passages. Clear, logical conclusions.

For the most part coherently articulated and logically constructed.

An appropriate format is used.

The presentational style & layout is correct for the type of assignment.

Effective inclusion of FTP.

Well written with
standard spelling and grammar. Style is clear and academic.

 

Sources accurately cited in the text and a range of appropriate references cited in reference list in the correct style.
Class II/ii
(Good Quality)
 

50-59%

Generally addresses the title and its implications, but sometimes addresses irrelevant issues. Demonstrates an adequate  knowledge/understanding of theory and practice for this level, through the identification and analysis of the some key issues and themes. Provides a coherent argument, but lacking clear focus and consistency in places. Some issues lack clarity, or theoretical models expressed in simplistic terms.

Evidence of attempted analysis, with descriptive or narrative passages. Conclusions are fairly clear and logical.

Adequate attempt at articulation and logical structure.

An acceptable format is used.

The presentational style & layout is correct for the type of assignment.

Inclusion of FTP but lacks selectivity.

Competently written with  minor lapses in spelling and grammar. Style is readable and mainly academic.

 

Most sources accurately cited in the text and an appropriate reference list in the correct style is provided.
Class III
(Satisfactory Quality)
40-49% Some degree of irrelevance to the title.  Superficial consideration of the issues. Demonstrates limited knowledge/understanding of theory and practice for this level, with intermittent analysis of some key issues and themes. An argument is evident but lacks clarity and coherence.
Issues are only vaguely stated.

Largely descriptive or narrative passages lacking clear analytical purpose. Conclusions are not always clear or logical.

Some attempt at articulation and logical structure.

An acceptable format is used.

The presentational style & layout is largely correct for the type of assignment.

Inappropriate use of FTP or not used where clearly needed to aid understanding.

Generally competent writing although intermittent lapses in grammar and spelling pose obstacles for the reader.

Style limits communication and tends not to be academic.

Some relevant sources cited. Some weaknesses in referencing technique.
Borderline

Fail

 

35-39%

Some significant degree of irrelevance to the title is common. Only the most obvious issues are addressed at a superficial level and in unchallenging terms. Demonstrates weaknesses in knowledge of theory and practice for this level. Evidence of understanding of key issues is lacking.

 

 

 

 

 

Limited argument, which is descriptive or narrative in style with little evidence of analysis. Conclusions are neither clear nor logical. Poorly structured. Lack of articulation.

Format deficient.

For the type of assignment the presentational style &/or layout is lacking.

FTP ignored in text or not used where clearly needed.

Deficiencies in spelling and grammar makes reading difficult.

Simplistic or repetitious style impairs clarity.

 

 

Limited sources and weak referencing.
Fail  

<34%

Relevance to the title is intermittent or missing. The topic is reduced to its vaguest and least challenging terms. Demonstrates a lack of basic knowledge of either theory or practice for this level, with little evidence of understanding. Inadequate arguments and no analysis.

Conclusions are sparse.

Unstructured.

Lack of articulation. Format deficient.

For the type of assignment the presentational style &/or layout is lacking.

FTP as above.

Poorly written with numerous deficiencies in grammar, spelling, expression and style. An absence of academic sources and poor referencing technique.

 

ASSIGNMENT MARKING GUIDE

 

Marks are awarded for structure and referencing of the essay as well as for the extent of the literature review, depth of analysis/evaluation and formation of a conclusion.

 

Answer is expected to include:

 

%
Introduction and discussion of each type of taxation 15
Introduction and discussion of each desirable characteristic 20
Discussion and assessment of the extent to which the each type of taxation

fulfils the characteristics of a desirable system

45
Formation of a logical conclusion following a well

reasoned argument

10
Structure/referencing/bibliography 10