Experience the difference
Assisting your academy be it a school or college with specialist VAT advice
Leading Accountants for Academies, Academy VAT
Dedicated information for Academy Schools and Colleges
We know how easy it can be to get lost in the VAT maze and our website has been specifically designed to help you through it! With our experience as leading Accountants for Academies advising on treatment of VAT we are able to answer questions that you may have regarding your academy.
Our website is an easy to use guide which is packed with valuable information and expert guidance about registration and the rules which apply to everyday transactions in your academy.
We are now seeing Colleges converting to Academy status and therefore this website is equally applicable to colleges and schools.
Here's what we can assist you with:
- The treatment for numerous different transactions
- Information on the different ways an academy can be structured and organised
- Inform whether it is desirable (or necessary!) to register for VAT
- Reclaiming the correct amount of VAT on costs
- The VAT recoverable using voluntary claim Forms VAT126
- Planning ideas to help improve recovery of VAT
Academy Accounting means adapting to a new accounting and financial reporting regime and dealing with the requirements of the Education and Skills Funding Agency (ESFA) which can be daunting. Our specialist Academy Accountants are here to guide you through it.
What our clients say
In all their dealings with Eggar’s School, we have found HWB staff to be very professional, knowledgeable and approachable. They do an excellent job of keeping us informed as they are always at the end of the phone, host regular School Business Manager meetings, send out EFSA Updates and have set up this VAT web advice link, which is very user friendly.
Alan Rolfe has assisted efficiently on any VAT queries, with clear and concise advice, especially with unusual aspects of VAT. i.e. Invoicing for Head Teacher secondment.
Alan Rolfe, as with all the staff from HWB, are always extremely friendly and helpful, and provide an excellent service.
Latest Feeds
STAYING INFORMED: Our Director, Tom Young had a fantastic day at the Propertymark Southampton Regional Conference held at St Mary`s stadium.
He says: “From insightful discussions on industry trends and legislation to catching up with professionals from across the sector, it was a great opportunity to learn, network, and stay informed ahead of developments shaping the property sector.”
Propertymark is the leading membership body for property agents in the UK.
At HWB Chartered Accountants we specialise in property accounting: https://www.hwb-accountants.com/specialist/property-accountants/
Open post by hwbaccountants with ID 18095770076146409
Leasehold property management set for major regulatory overhaul
The government has announced plans to introduce a formal regulatory framework for leasehold managing agents, marking one of the most significant changes to the sector in recent years.
Read the full article by clicking the link in our bio.
Open post by hwbaccountants with ID 18115138142120197
Directors loan accounts – Avoid the unexpected tax trap
Company owners often withdraw monies from their business that is not salary or dividends, this borrowing can be useful but if it is not managed properly tax charges will arise.
Read the full article by clicking the link in our bio.
Open post by hwbaccountants with ID 18130424195498203
New home ownership scheme aims to boost first-time buyers
The government has announced plans for a new initiative designed to help more first-time buyers onto the property ladder amid ongoing affordability challenges across the housing market.
Read the full article by clicking the link in our bio.
Open post by hwbaccountants with ID 17973187890155616
A fantastic result both on and off the course!
Directors Tom Young and James Flood were delighted to support the Rose Road Golf Day and are proud to have finished in 1st place with 96 points, ahead of some excellent competition. Congratulations to all the teams who took part and helped make the day such a success.
More importantly, together we helped raise an incredible £17,490 for Rose Road Association, supporting children and young adults with complex physical and learning disabilities through specialist care, life-enhancing services, and family support programmes.
A huge thank you to everyone at @The Rose Road Association for organising such a memorable day of golf, networking, and fundraising. We would also like to thank Chris Braxton for joining us! We were honoured to be involved and look forward to supporting future events.
Congratulations also to all the competition winners, including David Bright (Nearest the Pin) and Zac Chilman (Longest Drive).
Open post by hwbaccountants with ID 18159105364505685
We are collecting advent calendars for @sophies_legacy to deliver to children who will be spending December in hospital.
If you would like to donate, please deliver to our office by 20 November 💛
Open post by hwbaccountants with ID 17902194780601914
On Sunday, Director Matt Cooper had the pleasure of inviting @amirihomesuk to enjoy corporate hospitality at the Vitality Stadium for the AFC Bournemouth vs Sunderland fixture.
With Bournemouth securing a 2-0 victory, it was a fantastic -afternoon both on and off the pitch. We were delighted to experience the new Club 1899 and spend valuable time with our guests in such a great setting.
Open post by hwbaccountants with ID 18042244094827153
Landlord database set to launch from December 2026
Landlords across England will soon need to prepare for a major new regulatory requirement
Read the full article by clicking the link in our bio
Open post by hwbaccountants with ID 18117602570086042
