- HMRC updated guidance on VAT for private school fees
- New example added for VAT on services used before VAT registration
- Example shows how schools handle VAT on pre-registration services
- Addresses costs incurred before January 2025 VAT changes
- Clarifies timing issues for VAT on pre and post-registration services
- Demonstrates VAT recovery rights on pre-registration supplies
- Provides compliance guidance for VAT registration transition
- Helps schools understand VAT position on pre-registration expenses
- Ensures schools can recover legitimate VAT and comply with new rules
- Reflects HMRC’s effort to provide clearer guidance for schools
Source: deeksvat.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
