Taxes in our life

Taxes in our life

784 click
HTML code

The EU does not have a direct role in raising taxes or setting tax rates. The amount of tax you pay is decided by your government.
The EU's role is to support implementation of national tax rules – to ensure they are consistent with certain EU policies, such as:

promoting economic growth and job creation
ensuring the free flow of goods, services and capital around the EU (in the single market)
making sure businesses in one country don't have an unfair advantage over competitors in another
ensuring taxes don't discriminate against consumers, workers or businesses from other EU countries

EU decisions on tax matters require unanimous agreement by individual governments. This ensures that the interests of every single EU country are taken into account.
The EU also has legislation on cooperation between tax authorities, transparency, tax avoidance, recovery of tax claims and VAT and excise duties.

Who should take this course?

This course is aimed at young adults. It includes information relevant to this particular phase in life, as young people make the transition to adulthood (do they have to pay tax when they start university, launch their business, work in another country, etc.).

Course Structure

Chapter 1: When taxes appear in youngsters’ life!

At the end of this chapter, 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

Chapter 2: How to start a business

At the end of this chapter, 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

Chapter 3: Employment income

At the end of this chapter, 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

Chapter 4: Business income

At the end of this chapter, 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 self-employed person
to understand how VAT functions for self-employed persons

Chapter 5: Assessment

Additional information


The information provided in the training course:

is of a 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

Only European Union legislation published in the Official Journal of the European Union is deemed authentic.

Copyright Notice

© European Union, 2017.

Reproduction of this training course is authorised, provided the source is acknowledged. It is prohibited to sell copies of the training course or parts of it. Further distribution of the training course must be free of charge. Prior permission must be obtained for the partial reproduction or use of text and multimedia information (sound, images, software, etc.), such permission shall cancel the above-mentioned general permission and shall clearly indicate any restrictions on use.

Lessons hide description



University Science 3595 views

Quantum Mechanics - Oxford University 27 lessons

In this series of physics lectures, Professor J.J. Binney explains how probabilities are obtained from quantum amplitudes, why they give rise to quantum interference, the concept of a complete set of

University Science 1814 views

Einstein's General Relativity and Gravitation - UCI 24 lessons

The graduate General Relativity course is taught by Professor Herbert W. Hamber, Ph.D. Description: "Einstein's General Relativity and Gravitation" is taught at UCI as Physics 255. Topics covered: A

University Economics 2300 views

The Power of Macroeconomics - UCI 69 lessons

Description: In this course, you will learn all of the major principles of macroeconomics normally taught in a quarter or semester course to college undergraduates or MBA students. Perhaps more im

University Medicine 3592 views

Neuroscience - Oxford University 29 lessons

A picture of Oxford's work in neuroscience

University Mathematics 1325 views

Math 1A/1B. Pre-Calculus: Polynomials and Rational Functions - UCI 17 lessons

This open course provides the student with review of intermediate algebra, geometry, and trigonometry. It is designed for those want to be successful in an introductory college calculus course, but wo

University Mathematics 1495 views

Math 1A/1B. Pre-Calculus: Functions and Graphs - UCI 35 lessons

Description: UCI Math 1A/1B: Precalculus is designed to prepare students for a calculus course. This course is taught so that students will acquire a solid foundation in algebra and trigonometry. The

University Chemistry 4557 views

Organic Chemistry - UCI 127 lessons

51A: These videos are part of a 28-lecture undergraduate level course titled "Organic Chemistry" taught at UC Irvine by Professor James S. Nowick in fall 2009. This course covers topics such as bondin

University Science 1585 views

Earth System Science 5: The Atmosphere - UCI 19 lessons

Description: The composition and circulation of the atmosphere with a focus on explaining the fundamentals of weather and climate. Topics include solar and terrestrial radiation, clouds, and weather p

University Mathematics 1417 views

Math 1A/1B. Pre-Calculus: Trigonometry - UCI 33 lessons

This open course provides the student with review of intermediate algebra, geometry, and trigonometry. It is designed for those want to be successful in an introductory college calculus course, but wo

University Chemistry 4084 views

General Chemistry - UCI 66 lessons

1A is the first quarter of General Chemistry and covers the following topics: atomic structure; general properties of the elements; covalent, ionic, and metallic bonding; intermolecular forces; mass r

Web Stats

Community: 21,457 users
Active courses: 1,179
Lessons: 27,706
Data: 83 GB
Online: 147 users

News about new courses