Experience the difference
Assisting your academy be it a school or college with specialist VAT advice
Welcome to Academy VAT
Dedicated information for Academies who are 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 of advising academies with 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
VAT Rules for Academies
There are several areas of VAT that may cause issues if not dealt with correctly.
VAT Treatment
Due to the number of activities Academies and Colleges undertake, there are a number of questions on how to apply VAT treatment.
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.
Reviewing accountants in Southampton or Hampshire? Let’s Talk
It’s good to talk – book a consultation with one of our directors and see how we can make a difference to your organisation.
Latest updates
Academy Trust Handbook 2021 Changes
13/07/2021
Academies Accounts Direction 2020 to 2021 Summary
13/07/2021
View my financial insights (VMFI) tool update is now live
28/10/2020
Guidance on submitting your audited financial statements for 2019 to 2020
14/10/2020
Latest Tweets
HWBulletin
Regular HWBulletins keep you up to date with recent accounting, legal and commercial changes which may affect your organisation. They also deliver insight into opportunities, potential developments and also possible risks.
If you would like to meet to discuss anything in the Bulletin, or there is a particular article that interests you, please contact us on 023 8046 1200 or email admin@hwb-accountants.com and we will be pleased to provide further information.
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