At the end of this module, you will have a better understanding of:
• what is income tax
• what is employment income
• the negative effects of ‘shadow economy’ and ‘grey economy’ on individuals
• the role of the social security contributions paid by employees
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
At the end of this module, you will have:
• a good representation of the concept of intellectual property
• a better understanding of the difference between different types of taxes
• a brief description of a applicable taxing incentive
• a good representation of the concept of micro-company
• a better understanding of VAT and MOSS scheme
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
At the end of this module, you will be able:
• to understand what is an employment relationship
• to define what employment income is
• to identify how the income tax applies
• to identify the impact of social security contributions on employment income
• to identify how you can avoid double taxation
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
At the end of this module, you will be able:
• to understand what self-employed persons mean;
• to understand the taxing rules applicable for self-employed persons;
• to discover how to avoid double taxation as a self-employed person;
• to understand how VAT functions for self-employed persons;
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
Purpose:
Students to have an interesting discussion about the first job, responsibilities, tax evasion and taxation that can actually help enjoy earnings more.
Objectives:
The lesson can prove to be a very useful as a resource teachers can recommend in preparation for a class on Ethics. The students can be provided with a list of concepts they need to follow throughout the lesson, such as:
• What is before-tax income?
• What is after-tax income?
• When can a teenager get hired?
• Do teens have fiscal responsibilities?
• Why do taxpayers have to fill in the annual fiscal declaration?
• What is tax exemption?
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
Materials:
Course “Relax! We all pay tax.”
Interactive whiteboard (or just an LCD projector)
Vocabulary:
taxes, taxation, taxpayers, fiscal responsibilities, fiscal declaration, tax exemption
Purpose:
Students are to have an interesting discussion about Shadow Economy and the way it slowly dries out any public budget it touches and makes the public services wilt.
Objectives:
The lesson can prove to be a very useful as a resource teachers can recommend in preparation for a class on Ethics. The students can be provided with a list of concepts they need to follow throughout the lesson, such as:
• What is Tax Evasion and how could I avoid it?
• What consequences do “shady tax practices” have?
• How do I get my taxes in order?
• What is Resistance to Taxation?
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
Materials:
Course “Beware of the Dark Side”
Interactive whiteboard (or just an LCD projector)
Vocabulary:
taxes, taxation, resistance, tax evasion, tax practices