The ICFP (Integrated Curriculum Financial Planning) tool for Primary & Secondary Schools has been updated and now includes a formal layout to enable schools/federations to […]
Education finance - September 2021
The education finance blog was set up to enhance the communication of important information from the finance team to schools.
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Governance & Compliance 72: VAT Temporary Reduced Rate Increase to 12.5% From 01/10/2021
From 1st October 2021, VAT chargeable on supplies of holiday accommodation and hospitality /catering (i.e. the sale of food and non-alcoholic beverages for consumption on […]
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Funding 61: Consultation – Schools Funding Arrangements 2022-23
In 2022-23, as in previous years, the local authority will continue to set a local schools funding formula, in consultation with its schools, under what […]
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Administration 90: Reminder – Schools Mutual Fund Coverage relating to the Covid-19 Pandemic
Covid-19 Cover This is a reminder to our Schools Mutual Fund members that the fund allows for Covid-19 related claims, including the following: Covid – […]
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Administration 89: On-Line Income Processing When Transaction Charges Taken At Source
On-Line Income Processing When Transaction Charges Taken At Source When transaction charges are deducted from income before it is paid to the school the following […]
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General 169: Schools’ Business Rates and Call for Maintained Schools to Register Multi-Use sites
The ESFA has published the government response following their consultation on centralising the payment of business rates. The ESFA will cover additional rates costs associated […]
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General 167: Academy Claims Processing Issue – End of Month CLASS Run August 2021
The team are currently investigating an issue with the Academy Claims file from the latest CLASS Batch. On this basis, there will be a delay […]