Post-Budget VAT - What now for Independent Schools?

The recent Autumn Budget has introduced VAT on independent school fees, impacting financial planning, governance, and operational priorities for independent schools. To help schools understand and adapt to these changes, we invite you to join VWV advisors, along with VAT expert Steve Hodgetts, for a comprehensive webinar designed to provide critical insights and strategic planning support.

This will be hosted by members of VWV's multi-disciplinary team of VAT specialists, including lawyers, accountants and tax advisors. We understand that this is a big change for schools and will take a holistic approach to the planning and preparation stages, with plenty of time for questions. We hope you can join us.

This session will address essential questions and strategies, including:

• Should schools register for VAT retrospectively? Why would they and what might the benefit be?
• What are the considerations for determining the most appropriate VAT structure for your school, including:
  • The interplay between Education, Care and Welfare and the VAT implications
  • Use of the partial exemption special method to maximise VAT recovery; what is it and why would I use it?
  • Trading subsidiaries in a VAT environment
  • Single v multiple supplies including education, transport and catering
• Invoicing
• Monitoring and review

You'll also have the opportunity to present your own questions to our expert panel and listen to the concerns of others, with insightful answers provided by our panel.

Price: Free

Book here >

See our relevant articles

VAT will now apply to school fees - what do schools do first?

Recent guidance on VAT on school fees - Latest updates from HMRC

Fees in Advance schemes - what is the update?

Who should attend?

This webinar is designed for school governors, heads, bursars and finance staff.

Our speakers for this session are

Susie Luckman, Nikki Miller and Steve Hodgetts

Steve Hodgetts has worked in VAT for more than 30 years. He was a partner in RSM for 25 years where he led the delivery of VAT advice to charities and education providers. He is now semi-retired working with Cubed Tax in his support of the independent schools sector. He is a member of the ISBA and provides advice to ISBA on VAT issues.