MT Academies & Independent Schools Sector

Reclaiming VAT on non-business activities

Academies can now reclaim the input VAT from their mainstream non-trading activities directly from HM Revenue & Customs (HMRC).

This will be backdated to 1st April 2011, and can be recovered either through formal registration or by completing a dedicated form, depending on the academy’s particular circumstances.

Consequently, the Young People’s Learning Agency (YPLA) will no longer pay academies a compensatory VAT grant.

For more help with reclaiming VAT, please contact us.

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