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
New service charge reporting rules for commercial property from 2026
Landlords, managing agents and property managers should prepare for significant changes to the reporting of commercial property service charges as updated guidance from the ICAEW and Royal Institution of Chartered Surveyors (RICS) comes into effect for service charge periods commencing from 1 January 2026.
Read the full article here: https://www.hwb-accountants.com/new-service-charge-reporting-rules-for-commercial-property-from-2026
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Renters’ Rights Act: What the reforms mean for landlords
The Renters’ Rights Act represents the biggest overhaul of the private rented sector (PRS) in a generation, bringing significant changes for landlords while introducing new measures designed to improve security, fairness and standards for tenants.
Read the full article by clicking the link in our bio.
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Stamp Duty Land Tax relief for property traders buying from estates
Property developers and traders acquiring residential property from the estates of deceased individuals may be able to benefit from a valuable Stamp Duty Land Tax (SDLT) relief.
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🍂 Our Autumn 2026 Bulletin is here!
The latest edition of the HWB Bulletin is packed with useful updates, practical advice and news from across the HWB team.
Inside this issue:
📌 Year-end tax planning tips for business owners
📌 Making Tax Digital for Income Tax and who may be exempt
📌 An update on the changes to FRS 102
📌 Inherited estates and Deeds of Variation
📌 Business planning and preparing for the future
📌 Latest HWB news, events and our continued support for Sophie’s Legacy
Whether you’re looking ahead to the end of the tax year or simply want to keep up with the latest developments, there’s plenty worth a read.
👉 Read the HWB Autumn 2026 Bulletin: link in bio
#HWBAccountants #TaxPlanning #BusinessAdvice #MakingTaxDigital #AutumnBulletin
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STAYING INFORMED: Our Director, Tom Young had a fantastic day at the Propertymark Southampton Regional Conference held at St Mary`s stadium.
He says: “From insightful discussions on industry trends and legislation to catching up with professionals from across the sector, it was a great opportunity to learn, network, and stay informed ahead of developments shaping the property sector.”
Propertymark is the leading membership body for property agents in the UK.
At HWB Chartered Accountants we specialise in property accounting: https://www.hwb-accountants.com/specialist/property-accountants/
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Leasehold property management set for major regulatory overhaul
The government has announced plans to introduce a formal regulatory framework for leasehold managing agents, marking one of the most significant changes to the sector in recent years.
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Directors loan accounts – Avoid the unexpected tax trap
Company owners often withdraw monies from their business that is not salary or dividends, this borrowing can be useful but if it is not managed properly tax charges will arise.
Read the full article by clicking the link in our bio.
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New home ownership scheme aims to boost first-time buyers
The government has announced plans for a new initiative designed to help more first-time buyers onto the property ladder amid ongoing affordability challenges across the housing market.
Read the full article by clicking the link in our bio.
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