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BUFDG Annual Report 2025-26

Find out what we've been up to for the past year

Read the report here

 

New FEHE SORP effective from 1 January 2026

The new FEHE SORP 2026 was published on 3 November, and is available to download now from the Universities UK website along with additional guidance. Those implementing the FEHE SORP (effective from 1 January 2026) can visit BUFDG's SORP Knowledge Hub for information, support, and resources. These include a webinar hosted by KPMG's Accounting Advisory Services team in May 2025 outlining the most crucial updates, the implications of the changes, and practical guidance on how to address them. Our practical 'Ready, Set, SORP' guide is a useful read for those planning implementation, including a handy checklist. Many of these resources are available without a BUFDG login, so any auditors or FE accountants can view them. BUFDG members can also sign up for the next SORP Implementation Forum to discuss the changes and implications involved in the adoption of the 2026 SORP with others.

Visit the FEHE SORP Knowledge Hub

Tax and the new FEHE SORP

To accompany the new FEHE SORP we've published a guide that provides a simplified overview of the accounting changes to help you assess the potential impacts on your organisation if you are responsible for VAT and Corporation Tax .

 

News

BUFDG Digest 20 May

20/05/2026

Matt Sisson

This week's Digest covers the recordings from last week's Shared Services showcase, the first English HE conference (now open for booking!), the Education Committee report on sector financial sustainability, New JNCHES, TNE, sector size and shape data, and much, much more. 

2026 Financial Statements Workshops

15/05/2026

Joni Rhodes

Find our more about the trio of workshops scheduled to support those preparing financial statements. 

BUFDG Digest 6 May

06/05/2026

Joni Rhodes

Shared services showcase schedule, English HE conference July, new BUFDG Chair, lots on transformation, Sussex free speech ruling, UK skills and franchising updates, tax conference programme, pensions round‑up, financial statements workshops, and more...

All news

BUFDG E-learning

Did you know? BUFDG has an extensive suite of over 50 CPD-certified e-learning modules, covering a huge range of HE finance topics. These are free to access with your BUFDG website account.

Upcoming Events

Financial Statements Webinar (FIAT data)

22/05/2026

Online via MS Teams - 10:00 - 11:30

This Financial Statements webinar will focus on themes taken from the BUFDG Financial Information, Analysis and Trends (FIAT) exercise.

Scottish Universities Finance Conference 2026

28/05/2026

James McCune Smith Learning Hub, University of Glasgow, University Avenue, Glasgow, G12 8QW

Scottish Universities Finance Conference for all Scottish Finance HE staff

Scottish Universities Finance Conference 2026 (Supporter Del...

28/05/2026

James McCune Smith Learning Hub, University of Glasgow, University Avenue, Glasgow, G12 8QW

Scottish Universities Finance Conference for all Scottish Finance HE staff

 

Supplies of Staff with the NHS - VAT

A summary document to help universities and NHS Trusts determine if VAT should be charged on supplies of staff between the NHS and UK universities.

Download the document

Procurement Value Survey (PVS) 2024-25

The PVS enables members to record their procurement related efficiencies and report appropriately to senior management and governors, in a way that is consistent with all other English and Welsh H E Is.

Access the report here

Termination Payments Guidance

This guidance sets out the tax implications of payments and benefits provided to employees on the termination of their employment.

Read the Guide here

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