News

Following an in-depth review of the University’s approach to procurement and purchasing, which analysed 25 departments demonstrating a breadth of subjects and spend, the Strategic Procurement and Purchasing (SPP) project has now launched. The SPP is a major component of the University’s Finance Transformation Programme – a...

The Enhanced Financial Transparency project (EFT), one of the Finance Transformation Programme’s (FTP) key projects, held two workshops with 38 staff members recently in order to capture key challenges faced by the University in financial planning. EFT aims to provide access to more transparent financial information to...

From 1 January 2021, the way that we pay import VAT is changing. When the EU/UK transition period ends on 31 December 2020, imports from countries in the EU will be subject to the same customs controls and VAT rules as imports from the rest of the world. The University will be using its VAT return to account for import VAT...

The Finance Transformation Programme’s (FTP) Expense Management project, which is developing a more up to date, digital and user-friendly method for claiming expenses, is progressing well and the team is on-track to launch its pilot phase with nine departments at the start of October. The development of a new expense...