Taxation I

Course Coordinator: Lo Sze Man, BBA (Hons) (CUHK); MSc (UoL, London); FCPA; FCCA

Course Developer: Raymond Chan Kin-pun, MBA (HKU); MScF (CityU); FCPA (HKICPA)

Advisory prerequisite(s)
You are advised to have already studied ACT B331 and ACT B332 (or ACT B301).

Aims
The course is suitable for all students who wish to acquire knowledge of basic tax principles and develop basic skills to effectively interpret tax statutes, analyse practical tax problems and apply tax rules.

This course provides students with the training they need to comprehend the tax law of Hong Kong and deal with practical issues related to computing different types of taxes now enforceable in Hong Kong. It prepares students for further study in ACT B415 Taxation II.

Contents
This course covers the following topics:

• The Hong Kong taxation system and tax administration
• Property tax
• Salaries tax
• Profits tax
• Depreciation allowances
• Personal assessment
• Stamp duty

Learning support
There will be five two-hour tutorials and one two-hour surgery.

Assessment
There are two assignments and one examination. Students must use word processing software (such as Microsoft Word) to prepare the assignments, and submit the assignments via the Online Learning Environment (OLE).

Equipment
Students will need access to a personal computer with an Internet connection.

Set book(s)
Ho, P K W and Mak, K P L Hong Kong Taxation and Tax Planning (latest edition) Hong Kong, Pilot Publishing Company Ltd. (Textbook will be provided to students.)