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HMRC have just published for the first time their detailed guidance on the new VAT recovery powers for academies, in their VAT Information Sheet 09/2011 (VAT Refund Scheme for Academies).
On 9 December 2010, HM Treasury first announced that academy schools should be put on the same footing as local authority maintained schools, in terms of their ability to recover VAT from HM Revenue & Customs in certain situations. This new guidance confirms that the changes are to take effect retrospectively from 1 April 2011, once the 2011 Finance Bill has royal assent, which is likely to be some time during the summer (no precise date given yet).
This new guidance gives helpful details to academies on checking if they can recover VAT they incur, how to go about making a claim to HMRC to recover that VAT, and points on VAT registration for academies.
With 19 HR experts now supporting over 500 schools and trusts across the country, in this edition of 60 seconds we sit down with Emma Hughes, who leads the team, to discuss what this significant milestone means to her.
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In order to reduce the risk of potential breaches, schools should follow this Health and Safety Executive guidance.
A ResPublica report highlighted that asbestos continues to be the UK’s number one occupational killer, with nurses and teachers 3 to 5 times more likely to develop mesothelioma than the general UK population. The House of Commons Work & Pensions Select Committee is investigating how the HSE manages the continued presence of asbestos in buildings.
Mark Blois, Browne Jacobson’s national Head of Education, is marking a notable anniversary, an incredible 25 years as an education lawyer.
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