Blog
Teachers’ pay scales announced?
Teachers’ pay scales announced? What should you do? Following the Department for Education's announcement, teachers in England received a 6.5 per cent pay rise from September 2023. This update means…
Rising Private School fees
Rising Private School fees Private school costs rise above £50,000 for the first time As private school fees surpass the £50,000 mark for the first time, a report by the…
Revitalising primary PE: Navigating the new sport premium landscape
Revitalising primary PE Navigating the new sport premium landscape The recent update to the School Sport and Activity Action plan introduces significant changes to the allocation and reporting of the PE and Sport Premium for…
Shrinking pupil numbers: A catalyst for accelerated academisation?
Shrinking pupil numbers: A catalyst for accelerated academisation? Declining pupil numbers may inadvertently boost the Government's push towards academisation, as schools face challenges in maintaining…
Advice for schools looking into the ‘hardship fund’
Advice for schools looking into the ‘hardship fund’ The Government has unveiled a £40 million "hardship fund" aimed at assisting local authority-maintained schools (just in 35 areas) to afford a…
Labour still plans to impose VAT upon independent schools
Labour still plans to impose VAT upon independent schools Although Labour no longer intends to enforce business tax rates upon independent schools, they remain set on imposing VAT on school…
HMRC have updated its Payments on Account (POA) guidance
HMRC have updated its Payments on Account (POA) guidance What are POA? These are advance payments towards a business’ VAT bill. They are mandatory. HMRC will notify a taxpayer to…
The Partial Exemption Annual Adjustment
The Partial Exemption Annual Adjustment What is the annual adjustment? Why is it required? An annual adjustment is a method used by a business…
VAT Treatment of Serviced Apartments : The Realreed Limited Case
VAT Treatment of Serviced Apartments : The Realreed Limited Case Background Realreed owns a property called Chelsea Cloisters in Sloane Avenue, London. The property comprises; 656 self-contained apartments and some commercial units. 421 of these…
Tax-saving measures
Tax-saving measures What actions to review before the 2023/24 year-end? Have you recently evaluated your personal tax situation? Is your tax structure optimised for efficiency? As we approach the end of the tax year on…
Changes to the State Pension
Changes to the State Pension ‘Triple Lock’ to increase by 8.5% from 6 April 2024 The State Pension is set to increase commencing on 6 April 2024 due to a mechanism known as the 'Triple…
National Insurance Contributions (NICs)
National Insurance Contributions (NICs) Significant reforms and rates cut for millions of workers National Insurance is a cornerstone of the welfare and benefits system. As a citizen, your contributions will likely play a significant role…
Schools to receive £40 million boost amidst pay rise challenge
Schools to receive £40 million boost amidst pay rise challenge The Government has released details of a £40 million hardship fund, offering one-off support for council schools in 35 areas to cope with a 6.5…
Understanding the new pay scales for teachers and leaders in England
Understanding the new pay scales for teachers and leaders in England Headteachers and their financial teams have been preparing to…
Balancing the books: Steering private schools through the tide of rising fees
Balancing the books: Steering private schools through the tide of rising fees As the new school year beckons, Britain’s elite…