Experience the difference
Assisting your academy be it a school or college with specialist VAT advice
Leading Accountants for Academies, Academy VAT
Dedicated information for Academy Schools and Colleges
We know how easy it can be to get lost in the VAT maze and our website has been specifically designed to help you through it! With our experience as leading Accountants for Academies advising on treatment of VAT we are able to answer questions that you may have regarding your academy.
Our website is an easy to use guide which is packed with valuable information and expert guidance about registration and the rules which apply to everyday transactions in your academy.
We are now seeing Colleges converting to Academy status and therefore this website is equally applicable to colleges and schools.
Here’s what we can assist you with:
- The treatment for numerous different transactions
- Information on the different ways an academy can be structured and organised
- Inform whether it is desirable (or necessary!) to register for VAT
- Reclaiming the correct amount of VAT on costs
- The VAT recoverable using voluntary claim Forms VAT126
- Planning ideas to help improve recovery of VAT
Academy Accounting means adapting to a new accounting and financial reporting regime and dealing with the requirements of the Education and Skills Funding Agency (ESFA) which can be daunting. Our specialist Academy Accountants are here to guide you through it.
What our clients say
In all their dealings with Eggar’s School, we have found HWB staff to be very professional, knowledgeable and approachable. They do an excellent job of keeping us informed as they are always at the end of the phone, host regular School Business Manager meetings, send out EFSA Updates and have set up this VAT web advice link, which is very user friendly.
Alan Rolfe has assisted efficiently on any VAT queries, with clear and concise advice, especially with unusual aspects of VAT. i.e. Invoicing for Head Teacher secondment.
Alan Rolfe, as with all the staff from HWB, are always extremely friendly and helpful, and provide an excellent service.
Latest Feeds
R&D Tax Relief, a reminder of the recent changes
There have been many changes lately surrounding this corporation tax relief and below we have summarised the updates to this tax relief that are likely to have the greatest impact on companies.
Read the full article by clicking the link in our bio
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Quiz night: On Thursday evening, a team from HWB took part in the Rose Road Association Quiz. Representing HWB were (from left) Nick Whitemore, Matt Pickett, Brendon Reis and Matt Cooper.
The event was held at the Concorde Club in Eastleigh—a fantastic venue with a brilliant atmosphere for a quiz night. Despite competing as a team of four instead of the usual six, and facing some seriously challenging questions, they secured a respectable 6th place and were very pleased with the result!
Most importantly, the team were proud to support the Rose Road Association. This charity provides vital services including overnight respite breaks, community outreach, care at home, day services both onsite and offsite, holiday and Saturday playschemes, and SEN advice. Their work benefits hundreds of children and young adults with complex physical and learning disabilities across Southampton and the wider region.
As specialist charity accountants, HWB is committed to supporting organisations of all sizes—from new start-ups to long-established charities, as well as clubs, membership bodies, and social enterprises.
Get in touch for all your accountancy and business advisory needs:
T:023 8046 1200
E: [email protected]
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Salary Sacrifice: Tax efficient options for employers and employees
With costs rising, many employers and employees are looking for practical ways to reduce outgoings without cutting benefits. Salary sacrifice can be an excellent tool to do this, but many businesses overlook it.
Read the full article by clicking the link in our bio
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£11 billion lending package announced to support UK exporters
The government has announced a significant new lending package that could make it easier for businesses to take on overseas work. Five major UK banks have agreed to make £11 billion available to help businesses invest, hire and expand into new international markets.
Read the full article by clicking the link in our bio
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Marketing exec Emma attended the @newforestbp networking event this morning at the gorgeous @tonic.rooms in Totton.
Check it out if you haven’t been!
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Strategic planning: Our directors and associate director attended a two day strategy event designed to plan the future for HWB Chartered Accountants.
Held at the Winchester Hotel & Spa, the event was dedicated to developing a comprehensive plan to further strengthen HWB.
During the session, HWB met with international network ETL Global, which we joined in 2019, to discuss future objectives and the pathways to achieving them.
The team also had the opportunity to celebrate Director Andrew Kershaw’s birthday.
Thank you to the Winchester Hotel & Spa for hosting us.
If you`re looking for an excellent performance with your accountancy, tax or business advisory needs, our team at HWB is here to help.
T: 023 8046 1200
E: [email protected]
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Increase in APR/BPR limit to £2.5m – what it means for business owners
The government announced in late December an increase in the combined Business Property Relief (BPR) and Agricultural Property Relief (APR) allowance to £2.5 million, marking a significant development for family-owned businesses and farms. This is up from £1 million that was initially announced in October 2024.
Read the full article here:https://bit.ly/4btYvFT
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Corporate finance drinks: Tax director Gemma Hedges and senior tax manager Steven Martin attended a corporate finance drinks evening in Poole.
The event was hosted by law firm @trethowans and sponsored by @lloyds.bank bank at The Cow pub in Ashley Cross, a lovely venue with a warm atmosphere
Gemma and Steven said: “It was good to catch up with familiar faces and make new connections.”
If you`re looking for an excellent performance with your accountancy, tax or business advisory needs, our team at HWB is here to help.
T: 023 8046 1200
E: [email protected]
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