Universities are likely to suffer from new Value Added Tax rules, says an adviser on the tax. John Kennedy, VAT partner at accountants Deloitte and Touche, predicts that they will lose out under a change introduced on July 18 stopping VAT payers from reclaiming overpayments from more than three years ago: "Those organisations least able to allocate manpower to VAT matters are likely to suffer a disadvantage," he said.
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰’蝉 university and college rankings analysis
Already registered or a current subscriber?
Please or to read this article.