VAT and private schools

Background

Since 1 January 2025 VAT has been due on all supplies of education and vocational training provided by private schools in the UK. VAT is also due on related supplies of boarding services.

Even though the first VAT return and payment will normally be due by the end of April, many schools are still not properly prepared for the new administrative burden. There is considerable confusion about what supplies to charge VAT on; what rate(s) to apply; the need for a partial exemption special method and the new opportunities for input VAT recovery.

4 Eyes Ltd VAT services

4 Eyes Ltd has over 20 years’ experience handling VAT compliance for a very wide range of clients, with sector specific expertise in VAT partial exemption and VAT reclaims.

We can:

·         Obtain your VAT registration

·         Handle your VAT compliance and liaise with HMRC on your behalf

·         Identify the VAT liability of your supplies

·         Agree a partial exemption special method

·         Train and support your staff

·         Identify VAT recovery opportunities

If VAT savings are properly and routinely identified, the recovery of these can significantly offset the impact of having to charge VAT on your fees.

Next step

Poor VAT compliance will result in costly penalties and lost savings. If you are not 100% confident with your VAT arrangements, then please call us to discuss the services that we can offer. The complexity of VAT means that it is essential to take appropriate professional advice.

Please contact Phillip Henwood at 4 Eyes Ltd – phenwood@4eyesltd.co.uk