Four accountancy undergraduates from the University of Central Lancashire (UCLan) have received prizes from the Office of Tax Simplification (OTS) for their high quality work produced as part of a project undertaken in November last year.
A project run by Taxation Theory and Practice module involved third year accountancy students working individually or in groups to come up with poster presentations about issues relevant to the OTS’s employee benefits and expenses review. The organised event showcased students’ posters whose high quality impressed OTS representatives on the spot and gave them an idea to award the best poster presentations.
Awarded students Henna Qureshi, Usamah Kazee, Dominic Maddox and Calum Radcliffe were invited to a formal award presentation which took place in HM Treasury in London.
Undergraduate Henna, who was working with Usamah, shared: “I found the project really enjoyable discovering tax-related issues that affected me personally. Usamah and I were overwhelmed when we found out we were one of the winners for the best presentation.
“It was a real honour representing UCLan and being awarded a prize from the Treasury Minister – David Gauke.”
Henna and Usamah designed a poster showcasing reliefs for uniform and travel expenses, drawing on their personal experiences of working part-time in care homes. Dominic and Calum prepared a poster presentation about calculating the value of living accommodation, using examples to point out current problems.
Module leader David Massey said: “I really appreciate the encouragement the OTS has given our students. It was a privilege to be able to visit the Treasury with the students.
“OTS’s decision to give awards to the best presentations is a reflection of the fine work of all the undergraduates studying our taxation module, not just the prize winners. The students had to work to a tight deadline, researching an unfamiliar subject, and still managed to deliver many excellent presentations.”
The project was a huge success all-round. Accounting students not only received awards, but also got a mention in OTS’s latest report after insightful discussions during the poster event in November last year.