Description
This assignment is 1000 words maximum. 800 words should go to the article and 200 words to the presentation.
Description of the Assessment
The UK government enacted a significant increase in the national headline corporation tax rate from 19% to 25% from 1 April 2023.
Task 1
You have been asked to write a short article for a leading practitioner taxation journal in the UK. This journal has both online presence and hard copy publication and is read primarily by professional tax practitioners, but also by businessmen, academics and students who have an interest in taxation. The style of your writing should reflect this readership. When you write this article, you are required to address the below requirements.
Task 2
You have also been asked to give a short (5 minutes maximum) presentation on the issue to an audience of business people. The audience members are commercially aware but not tax specialists, and your presentation should reflect this.
Required for Task 1
Explain the rationale for the UK government’s increase in corporation tax rate and evaluate key arguments for and against the increase from the viewpoint of a range of stakeholders. You may use academic journals and articles, newspaper articles, professional bodies such as ACCA, ICAEW reports. You should also study and use reports, criticism and feedback from Government and Non-Governmental organisations such as HMRC, Bank of England, OBR, IMF, OECD, IFS etc.
Compare and contrast the UK government’s actions on corporation tax to those of Ireland’s government
The word limit is 800 words (excluding references and table of contents) and should not be exceeded. Structure of the article:
1. Introduction
2. Explain the rationale for setting a higher corporate tax rate and evaluate key arguments for and against. 3. Compare and contrast the UK government’s attitude to that of Ireland
4. Conclusion
5. Table of references (Harvard referencing style) – while references are not usually published in such articles they must be provided for this piece of work 6. Use of generative AI (e.g. Chat GPT) If you use any form of AI to help you, you MUST list the prompts you use.
Below are the links to some of the leading taxation Journal websites where you can read some sample articles and the UN SDGs Goals.
https://www.taxation.co.uk/
Homepage | Tax Adviser (taxadvisermagazine.com)
THE 17 GOALS | Sustainable Development (un.org)
Required for Task 2
Your PowerPoint presentation should not exceed 5 slides in length and should not contain excessive detail which would require more than 5 minutes to deliver.
