Our VAT specialists looked at the new regulations and explained what these changes mean for your school. One area of focus was the calculation of assets through the Capital Goods Scheme and shared practical examples of how some schools have implemented this.
How we can help
If you require additional support, our VAT specialists, Debbie and Geraint, have extensive experience in all areas of VAT and offer practical, hands-on support to their clients.
They are heavily involved in preparing for and assisting schools with the introduction of VAT on school fees. This has included assessing potential opportunities for mitigating the impact of VAT (where appropriate) for the schools and the parents, and most recently, analysing the additional material released by the Labour government to determine the practical impact on the sector.