VAT-exemption boost for colleges

VAT-exemption boost for colleges

Foreign students who take bridging courses as part of their main degrees will no longer have to pay after a landmark VAT Tribunal challenge led by PKF

Acting for Hertfordshire International College of Business and Technology PKF
argued that, under Article 13 of the EC sixth directive, international students
who took special first-year courses at colleges associated with the university
from which they would ultimately graduate should be exempt from paying VAT.

The victory is expected to benefit thousands of foreign students, who often
require special assistance to guide them through their first year of study. The
ruling means universities can outsource additional courses for foreign students.
This will bring learners in line with UK standards without burdening them with
additional VAT charges.

For more, visit www.pkf.co.uk

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article