Just a reminder that the deadline for any Mutual Fund claims relating to March is today (23rd March), please make sure that all claims have been submitted before the close of play today.
Month: March 2020
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Closedown 19/20: School Guidance
A document has been created to provide schools with further guidance surrounding the Closedown processes for 2019/2020. Please click the link to read the document: Link to Schools Advice Document for Closedown 19/20
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Administration 64: Mutual Fund Claim Guidance (COVID-19)
Mutual Fund guidance for the Coronavirus (COVID-19) is given below, however, is subject to change due to the constantly changing nature of the outbreak. Advice for Schools If a member of staff is advised by the NHS to self-isolate, they should follow their instructions which will include remaining away from work. If staff are not Continue reading →
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Administration 63: Schools Mutual Fund 2020/21
Non-Maintained Schools – Please note We will require all current Non-Devon Maintained (Academies/Free Schools) members to complete the online form linked below by the 27th March 2020 Please complete the Non-Devon Maintained Schools Online Staffing Form on the Mutual Fund website, using your January 2020 payroll data: Link to the Online Staffing Form Note that Continue reading →
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Closedown 19/20: Schools Closure of Accounts – Maintained Schools Only
Information for Maintained Schools Only. The Financial year end is just over a week away and at present it is business as usual with the process. If you are able to send in known accruals ahead of your planned end of term date then please do so. Schools balances, surplus or deficit will roll forward Continue reading →
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Closedown 19/20: Accrual Workbooks are now available
The EOY Accruals workbook and PAY Accruals workbook are now available via the ‘Budgets’ page on the Education Finance Website.Link to the Budget Webpage When on the page, scroll down to ‘Year End Guidance’ and the documents will be shown. Note: When you open the workbooks, it will default to Excel Online. Please click ‘File’ Continue reading →
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Monitoring & Reporting 61: Miscellaneous Income 9389
As year end is almost upon us, can all schools ensure that they have cleared ledger code 9389 (Miscellaneous Income) to zero. This can be done by submitting a journal to an alternative code using the Schools Online Journal Transfer System. Once on the webpage, please navigate to the ‘School Journal Transfer System’ Tab. There Continue reading →
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Governance & Compliance 66: Contractor Tax Status – Regulatory Change from 6th April 2020
FROM 6th APRIL 2020, THE REGULATIONS CHANGE AND WE ARE OBLIGED BY LAW TO ADVISE CONTRACTORS OF THEIR TAX STATUS BEFORE THE WORK STARTS Please see further guidance in the Employment Status Portal SharePoint site here: Employment Status Portal Link There is also leaflet explaining the new tax rules coming from April here: New Tax Continue reading →
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Administration 62: Mutual Fund Calculator 20-21 Revision
An updated version of the Mutual Fund calculator has now been posted on the Mutual Fund webpage. The new version is accessible via the existing link on the Mutual Fund webpage linked here: Link to the Mutual Fund Webpage Non-Devon Maintained Schools We will require all current Non-Devon Maintained (Academies/Free Schools) members to complete the Continue reading →
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Closedown 19/20: Year End Tasks and Deadlines 2019/20
The Central Payments Letter, Local Payments Letter and close-down timetable for 2019/20 have now been posted on our webpage. Access this via the link below, under Year-End Guidance: Education Finance – Budgets A lot of queries may be covered within the central payments letter so please take time to read it thoroughly. When the End Continue reading →