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
Charity skydive: Two brave accountants from HWB are taking part in a Skydive for Sophie`s Legacy!
On Saturday 23 May, Harry Sherwood and Ben Forster will be throwing themselves out of a plane at 13,000 feet to raise money for this fantastic cause.
We are proud to support their efforts and would welcome any contributions from our network.
If you are able to donate, your support would be greatly appreciated and will help make a meaningful difference.
https://bit.ly/3Qy0r7R
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HWB Leadership Development: Twelve HWB managers have successfully completed a Leadership & Management programme delivered by Evolution4Business.
The course, approved by the Institute of Leadership & Management, forms part of HWB’s ongoing commitment to developing strong, confident leaders across the firm.
Participants have received certificates of achievement and will continue their development through follow up training.
Following the programme’s success, HWB is launching a third cohort for additional senior staff.
Contact us at HWB today for all your accountancy and business advisory needs.
T: 023 8046 1200
E: [email protected]
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Employment Rights Act: Impacts for UK Payroll
Over the next 12–24 months, the UK employment landscape is undergoing some of its most significant changes in years due to the Employment Rights Act.
Read the full article by clicking the link in our bio.
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Charity visit: We recently welcomed Charlotte from Sophie’s Legacy to HWB, who delivered a powerful and moving presentation raising awareness of the charity’s vital work supporting NHS hospitals.
Our team learned more about how Sophie’s Legacy makes a meaningful difference, the ways we can support the cause, and the volunteering opportunities available. The session concluded with an emotional video that truly resonated with everyone in attendance.
We’re also proud to have donated food items to be distributed to local hospitals as part of this initiative.
Thank you to Charlotte and Sophie’s Legacy for taking the time to educate and inspire our team — it was a thought‑provoking and impactful visit.
Donate by clicking the link in our bio.
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Benefit in Kind (BiK) tax changes for company cars for the 2026–27 tax year
BiK tax changes for company cars for the 2026–27 tax year have been confirmed. These updates have now been published through government and industry sources and these changes will affect the tax collected on some benefits, particularly those operating electric or hybrid vehicles.
Read the full article by clicking the link in our bio.
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Tax card: With the new tax year now underway, we invite you to review the key tax rates and allowances for the year ahead.
Our 2026/27 Tax Card provides a clear and concise overview to support effective planning over the next 12 months.
View or print our 2026/27 tax card by clicking the link in our bio.
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Oakhaven Business Club: We enjoyed an excellent evening at the Oakhaven Business Club event at Moorhill House, Burley.
Our Director Michaela Johns was a keynote speaker, sharing inspiring and practical business tips with fellow professionals.
Thank you to everyone who attended and contributed to such a positive atmosphere.
Contact us at HWB today for all your accountancy and business advisory needs.
T: 023 8046 1200
E: [email protected]
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Charity of the year: We’re proud to announce @sophies_legacy as HWB Chartered Accountants’ Charity of the Year.
Based in Chandler’s Ford, our team will be supporting this incredible charity throughout the year through fundraising events, item donations and hands‑on involvement.
Sophie’s Legacy was founded in memory of 10‑year‑old Sophie Fairall, who sadly lost her battle with cancer in 2021. The charity supports families staying in hospital with their children by providing thoughtfully put‑together parent packs containing essential items such as toiletries, tea and phone chargers.
Each week, Sophie’s Legacy distributes around 50 packs to 12 hospitals across the South, including 13 wards at Southampton General Hospital — making a real difference to families during incredibly difficult times.
We’re honoured to support such a meaningful cause and look forward to helping wherever we can this year
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