Tax

This course aimed at all staff in a university to increase understanding of money laundering regulations, how to spot money laundering red flags in a university and what you should do.

This course will introduce you to the correct tax treatment of the different benefits common in the HE sector.

This course is intended for anyone responsible for purchasing items and who needs to know if relief from VAT is available. It will explain VAT reliefs commonly available to universities and how they are claimed.

The aim of this module is to introduce you to calculating the taxable profits of your subsidiary company/companies.  It also explains why universities have subsidiary companies, what the tax benefits of subsidiary companies are, and how you can manage them to achieve tax efficiency. It is a follow-up to the Intro to Corporation Tax course.

The aim of this course is to show you how to calculate the taxable trading profits of your university. It will review what is exempt and then focus on calculating non-primary purpose (NPP) trading profit or loss.

This session will help you understand what the Criminal Finances Act 2017 is, and how it impacts universities. It also shows you what you need to do to protect yourself, and support your HEI.

This short course looks specifically at the reporting of expenses and benefits in HE. It follows on from course 26: Expenses in HE and course 34: Benefits in HE, so you may find it helpful to review those first.

This course will introduce you to the correct tax treatment of the different expenses common in the HE sector.

The purpose of this course is to introduce you to the requirements to assess engagements with individuals and personal services companies, to determine how they should be treated for tax.

This course will introduce the role of the Finance function in HE, what Finance do and why. The course will explore financial rules and regulations, financial reporting standards and financial sustainability. The module then moves on to financial information in HE, starting with the annual finance cycle, then to onto to financial statements and internal financial management.

This session will help you understand what Modern Slavery is and how it might impact your institution.

A two-part, in-depth course covering reliefs and schemes available to universities so that import VAT and/or duty is not payable on the importation of goods from outside the UK.

This course covers the basic rules and considerations for the import of goods into the UK whether those goods are purchased, loaned, donated or sent free of charge.

This introductory module will help improve your awareness of the risk of fraud in your institution, and what you can do to prevent it.

This course will be helpful to those responsible for dealing with financial transactions in universities, such as budgeting, purchasing or generating income. It provides an overview of how VAT applies specifically in the higher education sector but is not intended to be a fully comprehensive guide.

This course is an introduction to corporation tax and the core concept of charitable status which underpins all the corporation tax exemptions for universities. It helps to explain the potential corporation tax costs and obligations for universities and then finally the concept of non-charitable expenditure.

This course provides an introduction to the National Minimum Wage (NMW) and some of the specific issues faced by the H E sector.

This course will be helpful to you if you are responsible for deciding whether to charge VAT on income received by a university for a research project, or need to understand whether VAT should be included in the cost of a research project.

This course is designed to provide a more in-depth look at National Minimum Wage (NMW) issues and calculations. It also includes all the information included in the Introduction to National Minimum Wage in the H E Sector course.

This course will help those dealing with income in the university to get the VAT treatment right, whether that be invoices, cash receipts or donations etc. It will help you select the correct VAT rate or agree the correct VAT terms and prices. The module does not cover research.

This course provides an overview of how VAT applies to purchasing in the higher education sector specifically. It is an accessible course, and is not a technical or comprehensive guide.

This course is designed to help anyone responsible for purchasing items which will be used in medical or veterinary research and training. It will explain which VAT reliefs are commonly available to universities undertaking medical or veterinary research and training and how they are claimed.