This course covers the reliefs and schemes that are available to universities so that import VAT and/or duty is not payable on the importation of goods from outside the UK. This includes imports when goods are purchased, donated, loaned or imported for any other reason.
Before you complete this course, we recommend that you complete either the “Import Principles for H E Finance” or the “Import Principles for H E Procurement and School/ Departmental Staff” e-learning packages which are also available on the BUFDG website.
This course has been developed by The Customs People with BUFDG.
This course is for all staff in a university who need to understand what money laundering is, the risk to the university and how these risks can be mitigated.
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.
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 course will be helpful to you if you are responsible for dealing with income for your university. It will provide you with an overview of how VAT applies to income specifically in the higher education sector but is not intended to be a fully comprehensive guide.
This course will be helpful to you if you are responsible for purchasing for your university. It will provide you with an overview of how VAT applies to purchasing specifically in the higher education sector but is not intended to be a fully comprehensive guide.
This course will be helpful to anyone in a university responsible for purchasing medical and veterinary items for the university and who needs to know if relief from VAT is available. It will explain the reliefs commonly available to universities and how they are claimed.
This course will be helpful to anyone in a university responsible for purchasing items for the university 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.
This course provides an introduction to Corporation Tax in Higher Education. It looks at what CT is, what are the exemptions and the potential costs for your institution.
This course provides an introduction to VAT in Higher Education. It looks at what VAT is, when it is charged, how it affects invoices and when you need to consider VAT for your budgeting.