Middlesex University (MDX)
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Majors at Middlesex University (MDX)
Notes available for the following studies at Middlesex University (MDX)
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Advertising, Public Relations and Media 1
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BTEC Level 3 in Applied Science 7
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Business Management 7
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Business with Marketing 1
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Company Law 3
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Computer Science 10
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Criminology 3
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Edexcel Chemistry 2
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Health Psychology MSc 1
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International Business 1
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International Business Management 4
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Law 35
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Law LLB 6
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Marketing and Management 1
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Middlesex University 12
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Molecular biology 5
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Psychology with Neuroscience 7
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Strength & Conditioning 2
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Veterinary Nursing 2
Popular books Middlesex University (MDX)
Brenda Hannigan • ISBN 9780198787709
Gary Watt, Gary Watt • ISBN 9780198804703
Abbe Brown, Smita Kheria • ISBN 9780198799801
Martin Dixon • ISBN 9781351237321
Alan Dignam, John Lowry • ISBN 9780198704133
Latest notes & summaries Middlesex University (MDX)
Describe the principles of VAT. 
 
· Distinguish between taxable and exempt supplies, and explain the consequences of both types of supply. 
 
· Determine whether a trader should register for VAT. 
 
· Determine the value of a supply 
 
· Advise on the VAT treatment of imports and exports 
 
· Compute VAT payable to HMRC. 
 
· Describe the various VAT schemes and explain their relevance 
 
· Describe the administration of VAT and the penalties for non-compliance 
 
· Advise a trader on V...
- Class notes
- • 10 pages's •
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Middlesex University•tax
Preview 2 out of 10 pages
Describe the principles of VAT. 
 
· Distinguish between taxable and exempt supplies, and explain the consequences of both types of supply. 
 
· Determine whether a trader should register for VAT. 
 
· Determine the value of a supply 
 
· Advise on the VAT treatment of imports and exports 
 
· Compute VAT payable to HMRC. 
 
· Describe the various VAT schemes and explain their relevance 
 
· Describe the administration of VAT and the penalties for non-compliance 
 
· Advise a trader on V...
Explain the significance of tax-adjusted losses 
 
Describe the reliefs available for trading losses and give effect to the optimum loss relief claims 
 
Describe relief for non-trading losses capital losses 
 
Define a group for the purposes of group loss relief 
 
Identify the claimant and surrendering company and show the effect of making a group relief claim 
 
Explain the consequences of a transfer of trade between two companies in a group 
 
Define a group for the purposes of chargeable ga...
- Class notes
- • 11 pages's •
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Middlesex University•tax
Preview 2 out of 11 pages
Explain the significance of tax-adjusted losses 
 
Describe the reliefs available for trading losses and give effect to the optimum loss relief claims 
 
Describe relief for non-trading losses capital losses 
 
Define a group for the purposes of group loss relief 
 
Identify the claimant and surrendering company and show the effect of making a group relief claim 
 
Explain the consequences of a transfer of trade between two companies in a group 
 
Define a group for the purposes of chargeable ga...
Describe the influence of accounting principles on profits chargeable to corporation tax. 
 
Determine the corporation tax treatment of non-trading income. 
 
Compute debits and credits which arise on loan relationships. 
 
Compute instalments of corporation tax 
 
Compute the chargeable gains of companies 
 
Implement relief for R&D 
 
Compute relief for lease premiums
- Class notes
- • 14 pages's •
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Middlesex University•tax
Preview 2 out of 14 pages
Describe the influence of accounting principles on profits chargeable to corporation tax. 
 
Determine the corporation tax treatment of non-trading income. 
 
Compute debits and credits which arise on loan relationships. 
 
Compute instalments of corporation tax 
 
Compute the chargeable gains of companies 
 
Implement relief for R&D 
 
Compute relief for lease premiums
Describe the objectives of taxation and the principles of an ‘ideal’ tax. 
 
· Appreciate the macro-economic context in which the government makes revenue-raising decisions. 
 
· Describe the Chancellor’s objectives for the forthcoming fiscal year. 
 
· Reflect changes proposed in your analysis of tax problems. 
 
· Identify and analyse ethical issues relating to tax advice. 
 
· Distinguish between tax avoidance and tax evasion
- Class notes
- • 12 pages's •
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Middlesex University•tax
Preview 2 out of 12 pages
Describe the objectives of taxation and the principles of an ‘ideal’ tax. 
 
· Appreciate the macro-economic context in which the government makes revenue-raising decisions. 
 
· Describe the Chancellor’s objectives for the forthcoming fiscal year. 
 
· Reflect changes proposed in your analysis of tax problems. 
 
· Identify and analyse ethical issues relating to tax advice. 
 
· Distinguish between tax avoidance and tax evasion
Describe the scope of corporation tax. 
 
· Identify relevant accounting periods. 
 
· Compute the indexation allowance for chargeable gains 
 
· Compute profits chargeable to corporation tax. 
 
· Identify financial years and compute the corporation tax liability of a company. 
 
· Describe the obligation of a company under corporation tax self-assessment. 
 
· Explain the consequences of failure to comply.
- Class notes
- • 8 pages's •
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Middlesex University•tax
Preview 2 out of 8 pages
Describe the scope of corporation tax. 
 
· Identify relevant accounting periods. 
 
· Compute the indexation allowance for chargeable gains 
 
· Compute profits chargeable to corporation tax. 
 
· Identify financial years and compute the corporation tax liability of a company. 
 
· Describe the obligation of a company under corporation tax self-assessment. 
 
· Explain the consequences of failure to comply.
Use statute and case law to explain the meaning of plant and machinery. 
 
Compute capital allowances on expenditure on plant and machinery 
 
Compute capital allowances on structures and buildings
- Class notes
- • 7 pages's •
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Middlesex University•tax
Preview 2 out of 7 pages
Use statute and case law to explain the meaning of plant and machinery. 
 
Compute capital allowances on expenditure on plant and machinery 
 
Compute capital allowances on structures and buildings
Apply the basis of assessment for trading income. 
 
Compute ‘overlap profits’ and show how relief is obtained. 
 
Calculate the effect of a change of accounting date. 
 
Show how adjustments to an income statement can produce a loss. 
 
Identify the forms of relief for trading losses and compute assessments after loss relief. 
 
Advise a taxpayer on the optimum use of losses. 
 
Advise on the income tax consequences of starting up in business.
- Class notes
- • 7 pages's •
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Middlesex University•tax
Preview 2 out of 7 pages
Apply the basis of assessment for trading income. 
 
Compute ‘overlap profits’ and show how relief is obtained. 
 
Calculate the effect of a change of accounting date. 
 
Show how adjustments to an income statement can produce a loss. 
 
Identify the forms of relief for trading losses and compute assessments after loss relief. 
 
Advise a taxpayer on the optimum use of losses. 
 
Advise on the income tax consequences of starting up in business.
· Describe the principles of partnership taxation 
 
· Adjust and allocate partnership profits and losses 
 
· Deal with notional losses 
 
· Give effect to changes in partnership composition 
 
· Comment on the role of partnerships in tax planning 
 
· Describe the basic principles of the taxation of an LLP. 
 
· Restrictions on loss relief
- Class notes
- • 6 pages's •
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Middlesex University•tax
Preview 2 out of 6 pages
· Describe the principles of partnership taxation 
 
· Adjust and allocate partnership profits and losses 
 
· Deal with notional losses 
 
· Give effect to changes in partnership composition 
 
· Comment on the role of partnerships in tax planning 
 
· Describe the basic principles of the taxation of an LLP. 
 
· Restrictions on loss relief
· Apply the ‘badges of trade’ to determine whether a transaction is a trading activity. 
 
· Describe the scope of taxation of trading income. 
 
· Determine the tax consequences of consumption of own goods. 
 
· Explain and apply the ‘capital v. revenue’ principle. 
 
· Adjust a profit and loss account to arrive at trading profits 
 
· Explain, by reference to statute and case law, the reasons for making adjustments to the profit and loss account. 
 
· Compute self-employed Natio...
- Class notes
- • 10 pages's •
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Middlesex University•tax
Preview 2 out of 10 pages
· Apply the ‘badges of trade’ to determine whether a transaction is a trading activity. 
 
· Describe the scope of taxation of trading income. 
 
· Determine the tax consequences of consumption of own goods. 
 
· Explain and apply the ‘capital v. revenue’ principle. 
 
· Adjust a profit and loss account to arrive at trading profits 
 
· Explain, by reference to statute and case law, the reasons for making adjustments to the profit and loss account. 
 
· Compute self-employed Natio...
Identify chargeable and non-chargeable assets for the purposes of capital gains tax. 
 
Compute the chargeable gains of an individual taxpayer. 
 
Apply for the annual exemption and advise on its efficient use by husband and wife living together. 
 
Compute capital gains tax liabilities. 
 
Describe the major reliefs and exemptions.
- Class notes
- • 9 pages's •
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Middlesex University•tax
Preview 2 out of 9 pages
Identify chargeable and non-chargeable assets for the purposes of capital gains tax. 
 
Compute the chargeable gains of an individual taxpayer. 
 
Apply for the annual exemption and advise on its efficient use by husband and wife living together. 
 
Compute capital gains tax liabilities. 
 
Describe the major reliefs and exemptions.