skip to content

Introduction to VAT

It is the responsibility of Heads of Departments to ensure that their Department accounts correctly for VAT and, where appropriate, corporation tax1.

The aim of this guidance is to give a brief overview of Value Added Tax (VAT) and how it works, followed by a more in depth look at how VAT applies to the University. This will include the following topics:

  • VAT on income and choosing the correct tax rate to apply to income received;
  • What purchases are liable to VAT and what will not have a VAT charge; and
  • Transactions involving overseas customers and suppliers.

The guidance also covers other tax issues including:

  • Duty charges on imports and exemptions from duty;
  • Corporation tax issues; and
  • Gift Aid on Donations.

If you have a query that is not covered by this guidance the University Tax Team will be happy to deal with issues by telephone or e-mail.

Changes from May 2023

12 May 2023: Appendix F Emergency Medical exemption certificate updated to include computer software and licences, plus statement at end of certificate
17 May 2023 - Appendix G Good eligible for Medical Exemption, lab animals added to permitted exemptions

1Financial Regulations 2012, regulation 12.1

Raven Login

Some items on this website are restricted. University members are encouraged to log in using Raven to make the best use of the site:
Login with Raven