StudyPath

ACC 224 Taxation 2

ND2 levelManagement & Administration11 topics

ACC 224 covers 11 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Capital allowances
  2. Initial and annual allowances
  3. Balancing allowances and balancing charges
  4. Tax liabilities of individuals and PAYE
  5. Partnership taxation
  6. Settlements, trusts and estates taxation
  7. Allowable and disallowable expenses under CITA
  8. Adjusted, assessable and chargeable profits
  9. Company income tax computation
  10. Education tax
  11. Withholding tax

A sample from this course

One topic, as StudyPath teaches it.

Capital allowances

Capital allowances enable businesses to recover the cost of qualifying capital assets through tax deductions over their useful life. Mastering the types of allowances, the rate of depreciation, and the eligibility criteria is essential for calculating taxable profits and avoiding audit pitfalls in Nigerian tax returns.

What you get for ACC 224