Course summary
Length: 1 day
Price: 575 GBP excl. VAT
Course type: Open / Scheduled
Next available date: 16/07/2018 09:30 - London
Course Dates
16/07/2018 09:30 
575 GBP
14/12/2018 09:30 
575 GBP

Course Description

A course by Quorum Training - part of the Wilmington Group

VAT for Academies - a 1-day training course in London

This VAT for Academies course provides a detailed review of VAT as it applies to VAT-registered Academies.

The goal of the 1-day programme is to provide participants with a thorough understanding of how they should approach VAT, assess the VAT liability of non-grant income, and correctly complete VAT returns.

Suitability - Who should attend?

This course is designed for those responsible for VAT compliance in their Academy, who need to ensure that this is correct in all aspects. Some prior knowledge of VAT is assumed.

Outcome / Qualification etc.

Training Course Content

Course content includes:

The VAT status of academies

  • Grant funding and the importance of ”business” and ”non-business’ ‘activities for VAT purposes

Treating business income correctly

  • Supplies to other educational institutions
  • Uniforms and photos
  • What goods and services are ‘incidental’ to education (and what are not)
  • Grants, sponsorship and donations
  • Catering for staff and visitors
  • School trips

Land and property issues

  • VAT zero rates for new construction and annexes
  • Letting or leasing academy land, buildings and facilities
  • The VAT option to tax
  • The VAT Capital Goods Scheme

Partial exemption

  • How to determine whether VAT recovery should be restricted
  • Standard and special partial exemption methods
  • Recovery of VAT on overheads

VAT recovery and VAT returns

  • The zero rating for advertising, and equipment bought with donated funds
  • The reduced rate for heating and fuel
  • Evidence needed to claim VAT
  • Blocked input tax – VAT which can never be claimed
  • How to complete a VAT return correctly, and common errors
  • Penalties for non-compliance


Contact Quorum for pricing details of this course.

To arrange this course as an in-house course, prices start from £1,750 and include pre-course discussions with the trainer, supporting course materials and delivery of a practical, interactive course that meets your training needs.

Provider: Quorum Training - A Wilmington Company

Quorum Training

Quorum Training - Business and Finance Courses for Professionals

Quorum Training provides a range of specialist courses designed specifically for business and finance professionals. Covering Accounting and Finance, Taxation, VAT, Governance, Risk and Compliance, Financial Markets and Corporate Treasury, and Charities. Quorum deliver bespoke in-house and public training programmes....

Read more and show all courses with Provider: Quorum Training - A Wilmington Company

Request information - obligation free

Fill out your details to find out more about VAT for Academies.

  Contact the provider

  Get more information

  Register your interest


Contact information for Quorum Training - A Wilmington Company

Quorum Training - A Wilmington Company

6-14 Underwood Street
N1 7JQ London

Phone no: +44 844 873 2121
Other phone no: +44 116 2581273

Contact Quorum Training - A Wilmington Company
Enter & win £50 voucher


Take our survey and go in the draw to win a £50 Amazon Voucher

Take the survey

Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

Request information

Find out more about this VAT for Academies course - simply fill out your details:

Similar courses

ACF Consultants are a top-quality financial training provider that are renowned for delivering innovative courses for some of the largest and most demanding financial institutions in the world.

Find more courses here