Value Added Tax (VAT)

These pages provide relevant information on the University’s VAT regulations and procedures.

Value Added Tax (VAT) is a tax on consumer expenditure. It is collected by HM Revenue and Customs (HMRC) on most goods and services sold in the UK, imported into the UK or acquired from the EU. The current standard VAT rate is 20% (changed from 17.5% in January 2011)

Most business transactions involve supplies of goods or services.

The University is registered for VAT and its VAT Registration Number GB 261 3397 62 requires to be shown on all VAT invoices.

The University’s EORI (Economic Operator Registration and Identification) number is 261339762000.

VAT registered businesses charge VAT at the appropriate rate on the supplies of goods and services they make to their customers, this tax is known as their Output VAT and is payable to HMRC.

When VAT registered businesses buy goods and services and are charged VAT by their suppliers, the tax is known as their Input VAT.

The University of Strathclyde makes a quarterly VAT return to HMRC. Input VAT is netted from Output VAT on the return and the balance is paid to or recovered from HMRC.

As most of the University’s supplies are concerned with education they are exempt from VAT. This means that the University is not able to recover any input VAT on making those supplies and departmental budgets require to bear the total purchase cost inclusive of VAT.

The following detailed VAT pages provide information in response to frequently asked questions but are not designed to cover all eventualities. If you do not find an answer to your query please contact either Sunny Younis (# 2781) or Judith Billcliffe (# 2768) in Finance or via email: vat.enquiries@strath.ac.uk

Some materials covered by this Guidance Note have been reproduced from various HM Revenue& Customs Notices and are subject to Crown copyright.

FMS Tax Codes and Tax Systems Explained

Detailed VAT Information

VAT FAQs