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
Oakhaven business club May: Director, Michaela Johns, was pleased to attend the experience at Elliotts of Lymington—it was a pleasure to learn more about this iconic, historic business at the heart of Lymington, and to see firsthand the important role it plays in supporting local shops and the wider community.
Thank you to Oakhaven for hosting!
Contact us at HWB today for all your accountancy and business advisory needs.
T: 023 8046 1200
E: [email protected]
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Sophie`s Legacy Bake Sale:
Today, the team at HWB Accountants hosted a bake sale to raise funds in support of our two brave colleagues who will be taking part in a charity skydive on Saturday 23 May.
A big thank you to everyone who contributed by baking, as well as to those who generously donated—your support is truly appreciated.
If you would like to support this fantastic cause and help us raise even more funds, please consider making a donation here:
https://bit.ly/3Qy0r7R
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Government responds to late payments consultation
The government has published its response to the late payments consultation that ran from July to October last year.
It is estimated that late payments cost the UK economy £11 billion every year, and most businesses are familiar with the pain of dealing with late payments.
Read the full article by clicking the link in our bio.
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Why an external payroll review matters more than ever
Payroll is one of the most crucial functions in any organisation. When employees aren’t paid accurately or on time, it doesn’t just affect their morale, it impacts productivity, engagement, and ultimately, business performance.
Read the full article by clicking the link in our bio.
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Tax Planning Breakfast Seminar
We will be hosting a breakfast seminar from 8:00–10:00am at the Axis Conference Centre, Southampton Science Park, focusing on practical tax planning considerations for individuals and businesses.
The session will provide clear explanations and worked examples to illustrate how effective planning can influence tax outcomes. Topics will include pension planning, tax‑efficient investments, income splitting, remuneration structuring, capital gains reliefs, and navigating common tax thresholds.
If you would like to join us please register through the link in our bio.
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Lunch & Leads: Director Michaela Johns attended the recent Lunch & Leads event hosted by the New Forest Business Partnership at Hockey’s Farm.
The relaxed setting created an excellent opportunity for engaging discussions, meaningful networking, and connecting with other local businesses.
Thank you to the New Forest Business Partnership for a well‑organised and enjoyable event. We look forward to attending future sessions and continuing to build valuable relationships within the local business community.
Contact us at HWB today for all your accountancy and business advisory needs.
T: 023 8046 1200
E: [email protected]
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Legal requirements for company websites in the UK (2026 guide)
Creating or maintaining a company website in the UK involves more than good design and usability — several legal obligations apply to all businesses, with additional rules for those selling online or processing personal data.
Read the full article by clicking the link in our bio.
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FCA calls on second charge mortgage firms to improve standards
The Financial Conduct Authority (FCA) has issued a clear warning to lenders and brokers operating in the second charge mortgage market, urging them to improve the way they advise customers, assess affordability and explain fees.
Read the full article by clicking the link in our bio.
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