Knowledgebase: CEM General
VAT Changes
Posted by Paul Skinner on 31 July 2013 10:58 AM

From 1st August 2013, due to a change in UK law, all CEM prices are subject to VAT at the standard rate (20%), which will be added to invoices as applicable.

 

Background:

Following the HM Revenue & Customs (HMRC) consultation in December 2012 on the withdrawal of the exemption of VAT related to research services and the subsequent clarification notices, the laws relating to VAT have been changed. As a result of this all services provided by CEM will be subject to VAT at the standard rate from the new financial year - 1st August 2013.

 

Which organisations will be affected?

The change in the law affects schools that cannot reclaim VAT. Schools that can reclaim VAT will be able to do so. All invoices issued will state the amount to be paid excluding VAT along with the amount of VAT to be paid.

Schools based in the EU (excluding the UK) who provide details of their local tax code will be zero rated for VAT. If the school does not provide the tax code they will be charged VAT at the standard rate (20%).

International schools based outside the EU will be zero rated for VAT.

 

Terms and conditions:

Registration Terms and Conditions can be found at: www.cem.org/registrationtermsandconditions