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News – 08.10.24

Buzzacott advises Haines Watts North London on its sale to Duncan & Toplis

Discover how Buzzacott advised Haines Watts North London on its sale to Duncan & Toplis … Read more

Insight – 15.10.24

Private School fees & VAT update

HMRC has published further guidance following its initial announcement that VAT would be applied to private school fees. We outline the key elements of the guidelines. … Read more

Upcoming event – 07.11.24

VAT on private school fees webinar

Join us for an exclusive webinar on the new VAT policy for private schools. … Read more

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130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200

VAT on private school fees webinar

The new government policy introducing VAT on private school fees, effective 1 January 2025, will significantly impact independent schools across the UK. Join VAT experts Socrates Socratous and Kam Chauhan to ensure your school is fully prepared for these changes.

About this event

Join VAT experts Socrates Socratous and Kam Chauhan as they provide essential guidance for school administrators, bursars, finance officers, accountants, and trustees on how to navigate the upcoming VAT policy changes for private schools.

The session will cover:

Key details of the VAT legislation and its timeline
The latest guidance issued by HMRC
A summary of how VAT works
Practical advice on VAT registration, raising invoices and partial exemption calculations
How to treat payments made in advance
Insights on VAT recovery and capital goods scheme adjustments
Preparing financial and VAT accounting records
Other supplies and activities and how they should be treated for VAT purposes