Value Added Taxation (5 cr)

Evaluation scale

0-5

Content scheduling

Basics of VAT
Tax liability
Domestic trade
Rates
Own use
Deductions and conditions for the right to deduct
Foreign trade
Value added tax in accounting

Exam, lecture diary and assignments

Objective

The object of the course
Having taken the course you can handle bookkeeping of value added tax liable entities.

Course competences
Internationality and multiculturalism
Business competence


The learning objectives of the course
In this course you will familiarize yourself with essential questions of value added taxation. You are familiar with value added tax legislation and regulations. You understand the basic concepts of value added taxation. You know how the EU-level value added tax system works. You can handle most common value added tax questions arising in bookkeeping.

Content

The course covers value added tax system on the EU level, value added tax liability, taxable sales as well as exemptions to these, private use, tax rates, deductible taxes and exemptions to them, special cases of value added tax and value added tax in intra-community sales and acquisitions, international trade and sales of services. In addition, the course covers matters relating to registration, calculation of taxes, recording, reporting and payments as well as cooperation with authorities.

Location and time

Contact teaching, see schedules
Lectures once a week
Please reserve time for this course in the calendar every week in addition to 2-3 hours in addition to lectures.

No attendance requirement, the course can be completed at your own pace

Materials

Joki-Korpela, T., Jokinen, M., Klemola, A., Kontu, J & Vilppula, T. Käytännön arvonlisäverotus. HKT-Media 2012
Äärilä, L., Nyrhinen, R., Hyttinen, P. Arvonlisäverotus käytännössä. Talentum 2015
Sirpoma, P., Tannila, E. Arvonlisäverotus käytännönläheisesti. Helsingin seudun kauppakamari 2014.

Teaching methods

Classroom learning includes material in e-learning environment, videos and learning assignments

Although the course is offered on a daily basis, the implementation is such that it can also be completed by part-time students.

Teaching can also take place via zoom.

Be prepared to be present at lectures. (If you can't make it to the lectures, think about whether you could complete the studies independently).
Teaching is carried out partially open classroom learning with a pedagogical method of teaching

Exam schedules

Exam 1.-10.12
Resit 1 in January 2024
Resit 2 in February 2024

Completion alternatives

Recognition (replacement and inclusion)
Identification and recognition of competence acquired by other means
Accreditation of learning
More detailed instructions can be found in the degree regulations and study guide.

Student workload

Lectures 27 hours
Virtual learning 54 h
Independent study 54 h

The studies require working weekly.

Assessment criteria, satisfactory (1)

Adequate 1
You are familiar with value added tax legislation and regulations. You understand the basic concepts of value added taxation. You know how the value added tax system works. You can handle most common value added tax questions arising in bookkeeping according to instructions.

Satisfactory 2
You are familiar with value added tax legislation and regulations and know how to apply these in different value added tax situations. You understand the basic concepts of value added taxation and can distinguish basic and special questions of value added taxation. You know how the value added tax system works. You can handle most common value added tax questions arising in bookkeeping according to instructions and search for tax advice when needed.

Assessment criteria, good (3)

Good 3
You are familiar with value added tax legislation and regulations and know how to apply these in different value added tax situations. You can analyze different value added tax questions. You know how the value added tax system works and can independently search for solutions to tax questions. You can handle value added tax questions arising in bookkeeping and search for tax advice when needed.

Very Good 4
You are familiar with value added tax legislation and regulations and know how to apply these in different value added tax situations. You can analyze different value added tax questions and estimate the tax effects of different solutions. You know how the value added tax system works and can independently search for solutions to tax questions. You can handle complicated value added tax questions arising in bookkeeping and know where to get tax advice. You are able to guide others in value added tax questions.

Assessment criteria, excellent (5)

Excellent 5
You are familiar with value added tax legislation and regulations and know how to apply these in different value added tax situations. You can analyze different value added tax questions and estimate the tax effects of different solutions. You know how the value added tax system works and can independently search for solutions to tax questions. You can handle complicated value added tax questions arising in bookkeeping and know where to get tax advice. You are able to be responsible for the correctness of value added taxation to different stakeholders.

Qualifications

-

Further information

The assessment of the course is based on the competence demonstrated in the exam, as well as the lecture diary. In order to pass the course, all weekly assignments must be completed.