Program Overview
The Award in Maltese Taxation provides comprehensive knowledge of the Maltese taxation system, covering individual and corporate taxation. Through assessments using exams, projects, and reflective journals, this program empowers learners to compute tax liabilities, navigate tax disputes, and minimize tax liabilities for individuals and businesses, opening career opportunities in accountancy, tax consulting, and finance.
Program Outline
Degree Overview:
The Award in Maltese Taxation is a program designed to provide a comprehensive understanding of the Maltese taxation system, encompassing both individual and corporate entities. The program aims to enhance learners' knowledge and skills in fundamental principles and key technical areas of taxation. It explores various taxes that an accountant should be familiar with to compute tax liabilities, undertake tax planning, and identify compliance issues.
Objectives:
The program aims to equip learners with the necessary knowledge, skills, and autonomy to comply with the provisions of Maltese taxation law pertaining to taxpayers and/or their agents. Specifically, learners will be able to:
- Compute tax liabilities for individuals and corporations.
- Manage tax disputes and objections.
- Monitor social security contributions.
- Track value-added tax impact on businesses.
- Recognise time limits regarding the filing of tax returns, declarations, claims, and adjustments.
- Compute income tax liabilities for individuals, single companies, and groups of companies from the respective profits charged to income tax.
- Compute the tax liabilities arising on the disposal of capital assets by companies and individuals using the gains and losses from their disposal.
- Calculate the effect of social security contributions on employees, employers, and the self-employed.
- Calculate overdue tax and relevant interest and state the relevant penalties.
- Minimise tax liabilities by applying techniques learned on exemptions and relief for trading losses.
Assessment:
The Award in Maltese Taxation is assessed through a combination of methods:
- Individual Project: This allows learners to apply their knowledge to a real-world scenario.
- Reflective Journal: This encourages learners to reflect on their learning journey and development.
Careers:
This program is intended for individuals aged 18+ who aspire to work or are already working in the finance field. It provides the necessary knowledge and skills for careers in:
- Accountancy: Taxation is a crucial aspect of accounting, and this program equips learners with the expertise to excel in this field.
- Tax Consulting: Graduates can pursue careers as tax consultants, advising individuals and businesses on tax matters.
- Finance: The program's focus on taxation makes it relevant for various finance roles, including financial analysts and financial advisors.
Other:
- Awarding Body: Central Mediterranean Business School (CMBS)
- Accrediting Body: Malta Further and Higher Education Authority (MFHEA)
- Level: Level 5 in the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
- Delivery: Face-to-face & Work-based Learning
- Language: English
- Location: Central Mediterranean Business School, The Brewhouse, Mdina Road, Zone 2, Central Business District, Birkirkara CBD 2010, Malta
- Duration: 2 Months
- Credits: 12 ECTS/ECVET
- Full Price (EU Students): €995 (Up to €697 refunded via the Get Qualified Scheme)
Central Mediterranean Business School (CMBS)
Overview:
Central Mediterranean Business School (CMBS) is a further and higher education institution located in Malta. It offers a range of undergraduate and postgraduate programs, as well as sixth-form programs, designed to prepare students for the workplace. CMBS emphasizes a practical, industry-driven approach to education, with a focus on developing students' leadership and management skills.
Services Offered:
Courses:
- CMBS offers a wide variety of courses across various fields, including business management, leadership, finance, human resources, healthcare, sports, hospitality, technology, real estate, culture, transport, and construction.
Faculty:
- CMBS boasts a team of experienced and passionate lecturers who bring real-world experience to the classroom.
Funding:
- CMBS offers funding opportunities through the Get Qualified Scheme, which can cover up to 70% of course fees.
Flexible Payment Terms:
- CMBS provides a "study now, pay later" option to make its courses more affordable.
Childcare:
- CMBS offers a free on-campus childcare service for student parents during lecture hours.
Student Life and Campus Experience:
The provided context does not offer details about student life and campus experience at CMBS.
Key Reasons to Study There:
Industry-Driven Curriculum:
- CMBS focuses on practical, industry-relevant skills, preparing students for real-world challenges.
Experienced Faculty:
- CMBS boasts a team of experienced and passionate lecturers who bring real-world experience to the classroom.
Flexible Learning Options:
- CMBS offers flexible learning options, including part-time and online courses, to accommodate students' busy schedules.
Funding Opportunities:
- CMBS offers funding opportunities through the Get Qualified Scheme, making its courses more accessible.
Free Childcare:
- CMBS provides a free on-campus childcare service for student parents, offering peace of mind and support.
Academic Programs:
CMBS offers a range of academic programs, including:
Undergraduate Diplomas:
- CMBS offers undergraduate diplomas in various fields, such as HR Management.
Master of Business Administration (MBA):
- CMBS offers MBA programs in various specializations, including HR Management and Educational Leadership.
Awards:
- CMBS offers various awards in areas such as Basic Economics for Managers, Operations Management, Information Management in Business, Essentials for Managing People, Advanced Employment Law, Organisational Behaviour, Performance Management, and Mental Health at the Place of Work.
Advanced Diplomas:
- CMBS offers advanced diplomas in fields such as Accounting Finance, and Computer Science.
Other:
CMBS is licensed as a further and higher education institution with the Malta Further and Higher Education Authority. It is a learning partner with Coventry University, ACCA, and Learners University College organisations.
Entry Requirements:
- MQF Level 4 qualification in accountancy, finance or a relevant field
- Matriculation certificate with passes in at least 2 A-levels and 3 Intermediates
- Matsec certificate with 4 passes at Grade 5 or better in accounts, english, mathematics and any other subject
- Relevant work experience in a relevant field
Language Proficiency Requirements:
- **Non-native English speakers must also have an English qualification such as CEFR or IELTS 5.5.
