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Level III Diploma in Self Assessment Tax Returns

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Our Price: £225.00

Level III Diploma in Self Assessment Tax Returns Completion


Applicants must have upgraded to at least Associate Member status before they may apply for this qualification.

Course fee £225 Includes:

Workbook containing lessons, examples, tasks and assignments.
Qualified tutor support by e-mail and telephone.
Free syllabus updates if required.
Free repeat lessons.
Registration fee.
Free Postage and packaging.


35 hours average study time.

This module comprises both Personal and Business Taxation and relates to preparing tax computations and returns for businesses (sole trader) and individuals.

Element (1) Prepare Business Taxation Computations

(A) Prepare capital allowance computations.
(B) Adjust accounting profits and losses for trades and professions.

Learning Outcomes: (A)

* Computations are made in accordance to current tax law and practice
* Expenditure on Capital Assets is classified in accordance with the statutory distinction between Capital and Revenue
* Make adjustments for private use by business owners
* Entries and calculations relating to such computations are correct


* First Year Allowance (FYA), Writing Down Allowance (WDA), Annual Investment Allowance (AIA)
* Capital Expenditure on plant and machinery, and motor vehicles

Learning Outcomes : (B)

* Adjusted profit is calculated for inclusion on the tax return
* Make necessary adjustments for private use by business owners
* The bases of assessment are correctly applied
* Complete accurately the supplementary pages on the tax return for a sole trader
* Identify NI contributions payable by self employed
* Returns are submitted to HMRC within the required timescale
* Identify due dates for payment of Income Tax
* Professional advice is given to clients on the recording of information for the tax return and confidentiality is maintained at all times

Element (2) Prepare Personal Taxation Computations

(A) Calculate income from employment
(B) Prepare Computations of Property and Investment Income

Learning Outcomes (A)

* Computations of earnings including benefits in kind, allowable expenses are accurately prepared
* Returns are completed accurately and submitted to HMRC on a timely basis
* Professional advice is given to clients on the recording of information for the tax return and confidentiality is maintained at all times


* Emoluments: UK resident employees
* Allowable expenses, contributions to pension schemes and charitable contributions

Learning Outcomes (B)

* Schedules of dividends and interest received on shares and securities are accurately prepared
* Schedules of property income are accurately prepared, profits and losses determined and appropriate relief applied
* Returns are submitted to HMRC on a timely basis


* Sources of investment income from banks, building societies and property income, holiday lets and wear and tear

The elements in this module and learning outcomes are partly based on the former AOSG national standards for Personal and Business Tax.


Home-based Assessment

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Congratulations to our Students who passed their exams in May 2013 achieving an average score of 94%.


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I have done a lot of professional exams through my career,
and this level and speed of feedback is quite exceptional
in comparrison to previous experiences.

I am finding the delivery of the training and the feedback very much to my liking.
I definately think that you are on the right track with this.
Stuart Clarke

A quick thank you for your patience and endurance with my mocks for ICB Bookkeeping level 1. I did actually pass (97%) and feel this is down to your hard work.

I really like your speed, materials and quaity tutor support
A Clemenson

Have found course manual and instructions are well written and easy to follow.
C Thomas

Excellent course and excellent tutor feedback
M Hogan

I'm very pleased to tell you that I got a Distinction with 100%.
So many thanks to Training Link for your excellent course material and example assignments.
G Ormiston

The workbooks are very informative and enjoyable to work with
C Spencer

Really enjoyed the course. Simple to follow instructions
S Preychodny

I found the course notes very straight forward and easy to follow never having used Sage before
A Carne

Angela was great. Thank you so much for all your help and support
Sara Carey