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
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 by clicking the link in our bio
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Digital assets become recognised property
A legal landmark was reached during December as the Property (Digital Assets etc) Act received Royal Assent.
The new law confirms that certain digital assets – including cryptocurrency tokens and non-fungible tokens (NFTs) – can now be formally recognised as personal property in England, Wales and Northern Ireland.
Read the full article by clicking the link in our bio
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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 by clicking the link in our bio
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2026 Business rates revaluation completed
If your business is based in England and Wales, you can now view the future rateable value of your property.
Read the full article by clicking the link in our bio
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Making connections: One of our Directors, Michaela Johns, attended the latest Oakhaven Business Club event at Stanwell House boutique hotel in Lymington
She said: “It was a brilliant event for making connections and building new partnerships and there was an inspiring and informative talk by Tina Worthing from Aventina Training,”
The business clubs aim is to create awareness of the Charity in the local business community, the Hospice provides specialist palliative and end-of-life care and support to patients with a medical referral who live in the New Forest, Totton and Waterside communities, in the hospice and in their homes.
Contact us at HWB today for all your accountancy and business advisory needs: T: 023 8046 1200 E: [email protected]
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Business breakfast: Senior Tax Manager Steven Martin attended the Business breakfast event which was hosted by Dorset Chamber. The event took place at the Green House Hotel in Bournemouth, and it was a brilliant opportunity to enjoy the beautiful venue and create new connections with like minded business individuals.
Thank you to Dorset Chamber for hosting. HWB are proud members of the chamber, the region`s leading business community offering support, networking and events to businesses of all sizes.
Contact us at HWB today for all your accountancy and business advisory needs: T: 023 8046 1200 E: [email protected]
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Champion Directors Dinner: Director Michaela Johns represented us at the Business South Champion Directors Dinner.
This was hosted at The New Place Hotel in Shirrell Heath which was a beautiful scenic venue and Michaela thoroughly enjoyed our first Directors Dinner,
We have just become a Business South Business Champion which enables us exclusive access to industry insights, high-profile networking events, and collaborative platforms that shape the Central South.
Michaela found it very informative and looks forward to engaging with businesses across the region at future events.
Thank you to Business South for hosting
Contact us at HWB today for all your accountancy and business advisory needs:
T: 023 8046 1200
E: [email protected]
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Some lovely client feedback received today 🥰
"Excellent service from start to finish, I had a very positive experience with HWB. Martin and Joe were both great to work with. Both were knowledgeable, responsive, and professional throughout the process. I’d happily recommend them to anyone."
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