With VAT now applying to private school fees, incorrect invoicing and contract wording could lead to compliance risks and unexpected tax liabilities. Schools must act fast to separate VAT-exempt services, update contracts, and adjust pricing strategies to remain compliant and financially secure.
With VAT now applying to private school fees, schools must act strategically to recover VAT on costs and avoid compliance risks. From pre-registration VAT recovery to structuring invoices correctly, understanding the right approach can lead to significant financial savings. Ensure your school is prepared—missed opportunities could be costly.
The joint online filing service for company accounts and tax returns will close on 31 March 2026. Businesses will need to adjust their filing processes to stay compliant.