Written Question·Treasury·UIN 14160
Higher Education: VAT
Tabled: 13 November 2024
Answered: 22 November 2024
Question
Ian Sollom
Liberal Democrat — St Neots and Mid Cambridgeshire
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of exempting VAT charges for universities that undertake shared services as a cross-sharing group.
Answer
James MurrayUniversities can already benefit from exempting VAT charges for shared services within a cost sharing group providing certain conditions are met. This enables them to make efficiency savings by working together and sharing qualifying costs without incurri...
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