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04/04/2026

Academy Newswire

Here's some information from the recent updates in case you haven't had the chance to read them.

Information

Upcoming energy contract renewals
If your school’s energy contract is due for renewal soon, the DfE encourage you to consider moving to a longer-term variable-rate basket, such as the DfE Energy for Schools Service. There are very few competitive fixed price energy deals currently available. Longer term variable options can provide schools with greater stability, while still ensuring access to competitive public sector pricing.

If your contract renewal is within the next 12 months, please consider: Signing up to the DfE Energy for Schools Service, or Exploring comparable energy offers available through their partner public sector buying organisations. These options can help your school secure more predictable costs. If you would like further information or support, please visit DfE energy for schools or email: [email protected].

Reporting

Academy trust financial framework documents for 2025 to 2026 published
The DfE have published the academies accounts direction, the model accounts and the framework and guide for external auditors and reporting accountants for 2025 to 2026.

The direction sets out how academy trusts must prepare their annual reports and financial statements. It supports staff who prepare accounts and is also useful for accounting officers, external auditors, reporting accountants and trustees. The model accounts help academy trusts to see what the accounts should look like.

Compliance with the direction and the model accounts is a condition of an academy trust funding agreement.

The framework and guide explains audit and regularity reporting in the sector. It applies to all external auditors and reporting accountants who deliver statutory audits and regularity reviews for academy trusts.

Please see our HWB academy accounts direction summary.

Training

2026 Academy Forums ready to book on our website 

Events | Updates for Academies | HWB Academy VAT

Regards

Michaela, Gary, James and Matt

PS if you don't already receive the ESFA updates direct from the ESFA, you can subscribe here.

We specialise in advising business managers and bursars on the accounting, VAT and audit requirements for an Academy. 

If we don't already act for your school or if you would like to attend our next Academy Forum (free of charge), speak to Michaela Johns, our Academies expert on 023 8046 1256. 

Latest Feeds

Increase in Property Taxation ratesFrom 6 April 2027 onwards, HMRC are planning to increase the rate of income tax that applies to rental profits. In short, the rate of taxation will increase by 2 percentage points across each individual tax band.Read the full article by clicking the link in our bio.

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Economic Crime and Corporate Transparency Act 2023: changes affecting company accountsThrough the Economic Crime and Corporate Transparency Act 2023, the government is reforming the information reported by companies when filing their annual accounts with Companies House.Read the full article by clicking the link in our bio.

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Working abroad: Getting your UK tax residence rightSpending time overseas for work is increasingly common, whether through relocation, remote working, or returning to the UK after a period abroad.  However, many individuals underestimate how far UK tax rules can follow them.To read the full article click the link in our bio.

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Academy Trust Handbook 2026 ChangesWe have summarised the changes made to the Academy Trust Handbook (ATH) 2026 in an easy to use factsheet.https://www.hwb-accountants.com/wp-content/uploads/Academy-Trust-Handbook-2026-Changes.pdfFor further information on the ATH, please contact us on 023 8046 1200 or email admin@hwb-accountants.com.

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Update on Payrolling BenefitsHM Revenue and Customs (HMRC) has updated the interim guidance for mandatory payrolling to announce a new phased approach for all reportable Benefits in Kind (BiKs) and expenses from April 2027.To read the full article click the link in our bio.

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HMRC introduces targeted advance assurance service for R&D claimsFrom 18 May 2026 onwards, HMRC will now have two types of advance assurance for R&D claims. With R&D claims being more closely scrutinised by HMRC this can prove to be a very useful tool for some companies, as they will have clarity whether their R&D claim will be approved by HMRC or not prior to submission.Click the link in our bio to read the full article

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We're delighted to launch our new online Payroll Calculator, designed to give you a fast, accurate estimate tailored to your business in just a few minutes.If you're interested in finding out how much outsourced payroll could cost you (with no obligation!) please visit our website: https://www.hwb-accountants.com/services/payroll/#quote✅ Get an instant personal proposal
✅ Clear, transparent pricing with no hidden fees
✅ Tailored to your workforce and payroll requirements
✅ Compare costs and see the value of outsourcing
✅ Simple, stress-free and easy to useWhether you're looking to save time, reduce administrative burden, or ensure payroll is managed accurately and efficiently, our calculator provides a quick and convenient way to understand your options and the associated costs.Take the stress out of payroll and discover the right solution for your business today.

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Pillar Two reportingHMRC has now fully enacted the Organisation for Economic Co-operation and Development (OECD) Pillar Two global minimum corporate tax rules. These rules are intended to ensure that large multinational enterprises pay a minimum level of tax across the jurisdictions in which they operate.Read the full article here:  https://www.hwb-accountants.com/hmrc-introduces-targeted-advance-assurance-service-for-rd-claims?utm_source=HWB+Audience&utm_medium=email&utm_campaign=6e7f0ed836-EMAIL_CAMPAIGN_2025_07_29_10_55_COPY_01&utm_term=0_-23b59ac81e-

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