ACCAT301 - ASSISTING TAX CLEARING PROCESS · schools, garage, market, home, churches, clearing and forwarding agencies NGOs, performing a range of tasks related to accounting alone

A C C A T 3 0 1 - ASSISTING TAX CLEARING PROCESS

ACCAT301 Assist tax clearing process

RTQF Level: 3 Learning hours

Credits: 8 80

Sector: Finance

Sub-sector: Accounting

Issue date: November 2016

Purpose statement

This module describes the skills, knowledge and attitude required to process tax, is intended for learners

who have successfully completed the 9 years basic education. At the end of this module, learners will be

able to Carry out tax planning with a view to meeting statutory deadlines, declare a tax, and pay

ascertained taxes. Learners will work in Shops, warehouses, supermarket, hospitals, pharmacies, banks,

schools, garage, market, home, churches, clearing and forwarding agencies NGOs, performing a range of

tasks related to accounting alone or with others under supervision.

Learning assumed to be in place

RECEIPT PROCESSING AND PAYMENT

HANDLING SALES OF GOODS AND SERVICES

FACILITATING SALES INVOICING

PAYROLL PROCESS IN SMALL ENTERPRISES

DEALING WITH STOCK OF GOODS AND SERVICES

RECONCILIATION OF FINANCIAL TRANSACTION

Elements of competence and performance criteria

Learning units describe the essential outcomes of a competence.

Performance criteria describe the required performance needed to demonstrate achievement

of the learning unit.

By the end of the module, the trainee will be able to:

Elements of competence Performance criteria

1. Carry out tax planning with a

view to meeting statutory

deadlines

1.1 Relevant Select the tax to your business so as not to

miss out on important taxes to be paid

1.2 Timely respect tax payment period with a view to

avoiding penalties for late declaration and payment

1.3 Methodical determination taxpayer band so as to pay

the right amount of tax

2. Declare a tax 2.1 Establish clearly taxation base in order to determine

actual tax to be declared

2.2 Properly declare taxes in order to provide a report to

revenue authorities about taxpayer liability

2.3 Print out a proper declaration form

3. pay ascertained taxes 3.1 Proper preparation for payment 3.2 Timely Pay taxes for avoiding penalties a raised 3.3Carefully File supporting documents as a proof of

payment of tax

LU 1: Carry out tax planning with a view to meeting statutory deadlines

1

Learning Outcomes:

1. Select the tax to your business so as not to miss out on important taxes to be paid

2. Respect tax payment period with a view to avoiding penalties for late declarationand payment

3. Determine taxpayer band so as to pay the right amount of tax 30 Hours

Learning Outcome1.1 : Maintain a daily report of all transactions dealt with

Introduction on Types of taxes /Major categories of tax in Rwanda

Direct taxes Taxes on goods and service

Taxes on international trade Taxes

Profit taxes Corporate income tax Tax on profit made by self

employed persons

Taxes on income Pay As You Earn (PAYE)

Tax on investment

income

Taxes on goods and services Value Added Tax (VAT)

Introduction on local tax Method of declaration of taxes:

Brainstorming introduction on types of taxes/major categories of tax in Rwanda Oral presentation on profit, income taxes Practical application on declaration by using a billing machine Group discussion on methods ofdeclaration of taxes

- Reference Books

- Electronic - Machine

(EBM) - Mobile

phone - Computer - Internet - RRA

brochures - National

Gazette

Resources Learning activities Content

Online services

Formative Assessment 1.1

Assessor may collect among the following evidences and make judgements on whether the

performance criterion has been achieved.

Types of evidence Portfolio assessment tools

Written evidence

Oral evidence

Performance evidence

Checklist Score

Yes No Profit tax Tax on income Tax on goods and services Pay as you earn (PAYE) Local tax Method of tax declaration

Tax on international trade

Observation

Learning Outcome 1.2: Respect tax payment period with a view to avoiding penalties for

late declarationand payment


Performance criterion

Relevant Selection of the tax to your business so as not to miss out on important taxes to be paid

Introduction on tax payment period /calendar

Definition of:

Penalty

Description of various fines,interest for late payment of tax :

Late tax payment Late tax declaration

Operation without VAT registration

Tax fraud

o Brainstorming on tax payment period/calendar with a view to avoiding penalties for late declaration and payment

o Oral presentation on tax fraud

o Research on tax on

various fines ,interest for late payment of tax

- RRA brochures

- Calendar - Internet

(RRA website)

- Computer - Reference

books - Tax law





Written

Oral

performance

Checklist Score

Yes No Tax payment period/ calendar

Penalty

Late tax payment Late tax declaration Operation without VAT registration Tax fraud

Observation


Timely respect tax payment period with a view to avoiding penalties For late

declaration and payment

Learning Outcome 1.3 : Determine taxpayer band so as to pay the right amount of tax

Introduction on taxpayer band

Description nature and business

Description of the categories taxe

Identification of taxation rates

o Brainstorming on taxpayer band so as to pay the right amount of tax

o Group discussion oncategories of taxes

o Oral presentation on different tax rates

- RRA brochures - Calendar - Internet (RRA

website) - National

gazette - Tax law





Oral

written

Performance

Checklist Score

Yes No Taxpayer band Nature and size of business Category of business

Taxation rate

Observation


Methodical determination Taxpayer band so as to pay the right amount of tax


LU 2: Declare a tax

2

Learning Outcomes:

1. Establish taxation base in order to determine actual tax to be declared

2. Declare taxes in order to provide a report to revenue Authorities about taxpayer rliability

3. Print out a declaration form 30 Hours

Learning Outcome 2.1 : Establish taxation base in order to determine actual tax to be

declared

Introduction on taxation computation

o Brainstorming on taxation base in order to determine actual tax to be declared

o Group discussion on how revise actual declaration form

o Research on taxation

base in order to determine actual tax to be declared

- Reference Books

- Computer - Internet



Establish taxation base in order to determine actual tax to be declared





Written evidence

Oral evidence


Checklist Score

Yes No Tax computation

Tax base

Observation

Learning Outcome 2.2 : Declare taxes in order to provide a report to revenue Authorities

about taxpayer rliability

Introduction on tax declaration

Description of data required for each categories of tax

Declaration process

o Brainstorming on declare taxes in order to provide a report to revenue authorities about taxpayer liability

o Practical presentation on declaration process

o Oral presentation on data required for each categories of tax

- Reference book

- Internet - Telephone - Computer - Declaration

form



Proper declaration of taxes in order to provide a report to revenue

Authorities about taxpayer liability





Written evidence

Oral evidence


Short answer

Checklist Score

Yes No Tax declaration

Data requiredData required for each categories of tax

Declaration form

Website accessibility

Observation

Learning Outcome 2.3: Print out a declaration form

Process of print out a declaration form

Importance of filling a declaration form

o Practical presentation on process of print out a declaration form

o Oral presentation on filling a declaration form

- Stationery - Computer - Reference book - Stationery - Internet





Written evidence

Oral evidence


Print out a declaration form



Checklist Score

Yes No Print out a declaration form

Printing tools

Declaration form filed

Observation

LU 3: pay ascertained taxes

3

Learning Outcomes:

1. Pay taxes for avoiding penalties a raised 2. File supporting documents

20 Hours

Learning Outcome 3.1: Pay taxes for avoiding penalties a raised

Identification of supporting document required during the period of processing tax payment

Tax Payment methods: Payment by mobile service Payment by cash Payment by cheque Payment by payment order Electronic payment

o Brainstorming on pay taxes for avoiding penalties a raised

o Oral presentation of supporting documents required during the period of processing a tax payment

o Group discussion on tax payment methods

- Declaration form - Telephone - Coins - Notes - Stationery






Oral evidence

Written evidence


Checklist Score

Yes No Tax payment mode

Payment by mobile service

Payment by cash

Payment by cheque

Electronic payment

Payment bypayment order

Observation

Learning Outcome 3.2: File supporting documents



Proper preparation for payment

Introduction on Purpose ,importance of filing system

Filing methods

Quality /essential of good filing system

o Brainstorming on file supporting documents as a proof of payment of tax

o Practical presentation

on filling methods

o Oral presentation on

purpose, importance of

filing system

o Research on qualities

/essential of good filing

system

- Computer (softy copy)

- Files (Hard

copy)





Written evidence

Oral evidence


Checklist Score

Yes No Tax payment mode

Payment by mobile service

Payment by cash

Payment by cheque

Electronic payment

Paymentby payment order

Observation


Timely Pay taxes for avoiding a penalties araised

Learning Outcome 3.2:

o -





Written evidence

Oral evidence


Checklist Score

Yes No Filing methods

Quality of good filing system

Filing tools

Observation

Reference books:


Carefully File supporting documents as a proof of payment of tax


Documents

ACCAT301 - ASSISTING TAX CLEARING PROCESS · schools, garage, market, home, churches, clearing and forwarding agencies NGOs, performing a range of tasks related to accounting alone