The supply of advertising by an academy trust may take several forms. It could be an advertisement included in a magazine or newsletter, a vinyl sign on the fence, adverts on the academy website or in a number of other mediums.
The supply by the academy trust is straightforward, but where advertising is purchased by the academy then a special relief may be available. It is important to get the treatment correct when purchasing advertising as HMRC are likely to refuse repayment of VAT incorrectly charged.
The remainder of the information on this subject is only available to our subscribers.
If you would like to read more about the VAT treatment on this item please subscribe to our website.