New Forest

10/05/2017

Update to HMRC VAT Notice 701/30 on Education

HMRC issue an update to the VAT Notice 701/30 on Education to include an explanation of the treatment of funds taken from the new apprenticeship service account to pay external providers for apprenticeship training.

HMRC have issued an update to the VAT Notice 701/30 on “Education and Vocational Training” to include an explanation of the treatment of funds taken from the new apprenticeship service account to pay external providers for apprenticeship training, which comes into effect from 1 May 2017.

This VAT Notice provides one of the key sources of reference information on VAT relating to educational matters undertaken by academy schools.

The updated guidance can be found online at https://www.gov.uk/government/publications/vat-notice-70130-education-and-vocational-training

View news articles

Latest Feeds

Capital allowances update Budget 2025

For 2026/27, the continued availability of the annual investment allowance (AIA) means that qualifying new capital expenditure you make of up to £1 million can be relieved in full against the taxable profits of your business.

Read the full article by clicking the link in our bio

0 0
Open post by hwbaccountants with ID 17992225406865673
Capital allowances update Budget 2025 For 2026/27, the continued availability of the annual investment allowance (AIA) means that qualifying new capital expenditure you make of up to £1 million can be relieved in full against the taxable profits of your business.Read the full article by clicking the link in our bio

...

Happy New Year from all of us at HWB!😊🎉

We hope that everyone had a fantastic Christmas break and are looking forward to the new year. Here`s to a healthy and prosperous 2026!

6 0
Open post by hwbaccountants with ID 18191977183337457
Happy New Year from all of us at HWB!😊🎉We hope that everyone had a fantastic Christmas break and are looking forward to the new year. Here's to a healthy and prosperous 2026!

...

South Wilts Grammar School Carol Service: It was a privilege to attend the annual Carol Service at South Wilts Grammar School. The evening was marked by a thoughtful programme of traditional carols, performances, and readings that beautifully reflected the spirit of the season.

The dedication of the students, staff, and musicians was evident throughout, creating an atmosphere of reverence and celebration. This gathering not only showcased musical excellence but also highlighted the strength of community and tradition.

4 0
Open post by hwbaccountants with ID 17917766259246319
South Wilts Grammar School Carol Service: It was a privilege to attend the annual Carol Service at South Wilts Grammar School. The evening was marked by a thoughtful programme of traditional carols, performances, and readings that beautifully reflected the spirit of the season.The dedication of the students, staff, and musicians was evident throughout, creating an atmosphere of reverence and celebration. This gathering not only showcased musical excellence but also highlighted the strength of community and tradition.

...

Charity SORP 2026 released

The Charity SORP Committee released the 2026 Statement of Recommended Practice (SORP) in October, following a public consultation on draft proposals featuring a number of significant changes to charity financial reporting.

As specialist charity accountants, we at HWB support a range of clients range from new start-up charities to centuries-old, from clubs and membership organisations to social enterprises.

Contact us today for all your accountancy and business advisory needs:
T: 023 8046 1200
E: [email protected]

3 0
Open post by hwbaccountants with ID 18079180238222845
Charity SORP 2026 releasedThe Charity SORP Committee released the 2026 Statement of Recommended Practice (SORP) in October, following a public consultation on draft proposals featuring a number of significant changes to charity financial reporting.As specialist charity accountants, we at HWB support a range of clients range from new start-up charities to centuries-old, from clubs and membership organisations to social enterprises.Contact us today for all your accountancy and business advisory needs: T: 023 8046 1200 E: admin@hwb-accountants.com

...

NCSC launches free cyber action toolkit

The National Cyber Security Centre (NCSC) has launched a new free Cyber Action Toolkit to help small businesses strengthen their cyber defences in a simple and affordable way.

The toolkit has been designed for businesses that may not have in-house IT expertise or large security budgets, offering clear, practical steps that can be implemented straight away.

Read the full article by clicking the link in our bio

1 0
Open post by hwbaccountants with ID 18073497791061315
NCSC launches free cyber action toolkit The National Cyber Security Centre (NCSC) has launched a new free Cyber Action Toolkit to help small businesses strengthen their cyber defences in a simple and affordable way.The toolkit has been designed for businesses that may not have in-house IT expertise or large security budgets, offering clear, practical steps that can be implemented straight away.Read the full article by clicking the link in our bio

...

Dividend tax rates rising in April 2026: What does it mean for profit extraction?

The recent Budget confirmed that dividend tax rates will increase from 6 April 2026. For dividends that fall within an individual’s basic and higher rate tax band the tax rate will increase by 2%.

For many small and medium-sized companies, dividends play a key role in any form of remuneration planning. With the income tax rates rising on dividends, pay and profit extraction strategies will likely need a fresh look for 2026/27.

Read the full article by clicking the link in our bio

2 0
Open post by hwbaccountants with ID 17974347944975255
Dividend tax rates rising in April 2026: What does it mean for profit extraction? The recent Budget confirmed that dividend tax rates will increase from 6 April 2026. For dividends that fall within an individual’s basic and higher rate tax band the tax rate will increase by 2%.For many small and medium-sized companies, dividends play a key role in any form of remuneration planning. With the income tax rates rising on dividends, pay and profit extraction strategies will likely need a fresh look for 2026/27.Read the full article by clicking the link in our bio

...

Our team at HWB would like to wish you and your families a very Merry Christmas and happy holidays 🎄😊🎁

6 0
Open post by hwbaccountants with ID 17896622976224740
Our team at HWB would like to wish you and your families a very Merry Christmas and happy holidays 🎄😊🎁

...

New National Minimum Wage rates confirmed

Payroll costs to increase again in April 2026.

The government has announced the new minimum wage rates that will come into force from 1 April 2026.

Read the full article by clicking the link in our bio

1 0
Open post by hwbaccountants with ID 18019499330619229
New National Minimum Wage rates confirmed Payroll costs to increase again in April 2026.The government has announced the new minimum wage rates that will come into force from 1 April 2026.Read the full article by clicking the link in our bio

...

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your Academy.

Request a FREE consultation