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VAT Reliefs Available to University Entities - Overview & Guidelines (April 2018)

This document provides an introduction to VAT in the higher education sector, focusing on the corporate structure of the University of Worcester and its exempt charity status. It outlines various VAT reliefs available to different entities within the University Group and provides guidelines on identifying the correct entity for incurring costs. The document also highlights zero-rated expenditure categories and the VAT liability associated with printed items and advertising.

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VAT Reliefs Available to University Entities - Overview & Guidelines (April 2018)

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  1. VAT reliefs available to Comms Andrea Marshall Ext 2634 (April 2018 version) Introduction to VAT in the Higher Education Sector

  2. Group Corporate Structure University of Worcester (exempt charity) UTR no: 24155 09436 VAT Group Registration Number :100 1034 12 UW Developments Ltd (Company House Reg. No. 06308702)VAT Reg Number: 930 5070 55 UTR no: 82309 13365 UW Enterprise Ltd (Company House Reg. No. 06308721) UTR no: 54906 18905 UW Worcester Wolves Ltd(Company House Reg. No. 09085515) UTR no: 53497 00409

  3. Gets c. 1.5% of VAT back The UoW Group University of Worcester (exempt charity) VAT Group Registration Number :100 1034 12 Are costs being incurred in the correct entity? UW Developments Ltd (Company House Reg. No. 06308702)VAT Reg Number: 930 5070 55 UW Enterprise Ltd (Company House Reg. No. 06308721) Gets 100% of VAT back UW Worcester Wolves Ltd(Company House Reg. No. 09085515) Gets c. 1/3 of VAT back

  4. Zero rated Expenditure • Available to ALL entities – no Certificate required • Books, newspapers etc. in printed format (NOT e-books) (0%) (more info at https://www.gov.uk/government/publications/vat-notice-70110-zero-rating-of-books-and-other-forms-of-printed-matter) • Some food items – not in the course of catering (0%) • Public transport costs – bus/train/plane/boat (NOT taxis) (0%) • BEWARE • Direct Mailing where stock is printed and mailed out – makes whole supply standard rated. Discuss before entering into a contract. January 2018 version

  5. Printed items – VAT liability January 2018 version

  6. Printed items – Zero rated items January 2018 version

  7. Printed items – Standard rated items January 2018 version

  8. Advertising • Zero rated • ONLY available to University BECAUSE it is a charity. Certificate required • Advertising on someone else's “time or space” (0%) • Includes sponsorship January 2018 version

  9. Advertising – VAT liability January 2018 version

  10. Advertising – example Certificate April 2018 version

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