When staff retire, go on maternity leave or leave employment for any other reason it is common for the staff to buy their colleague a leaving gift.
Where this is just an informal collection between staff there is clearly no VAT implication for the academy as there is no official school involvement, however sometimes this may be organised centrally by the academy, perhaps co-ordinated by the academy office as a formal staff fund.
This may be done with a specific person or event in mind, or it may be a fund established for all future qualifying events.
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