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  2. Beware forged £20 notes | Finance Division

    https://www.finance.admin.cam.ac.uk/news/beware-forged-ps20-notes
    19 Dec 2019: Fraudsters are trying to push their stock of forged £20 notes in advance of the new Polymer £20 coming out in February. Follow Barclays guidance below to help avoid accepting a forged note.
  3. Payroll deadline dates | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/payroll-deadline-dates
    26 Nov 2015: Receipt of data to HR Contracts Teams and Payroll Month Deadline for Departments for HR Amendments & Appointments Deadline for Departments for Payroll (i.e.
  4. Training, development & subscriptions: expenses policy | Finance…

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/training
    1 Aug 2023: In some circumstances, individuals may be permitted to incur and reclaim some business costs relating to them personally. Tax treatment of training, development and subscriptions This table forms part of the Employee Expenses policy.
  5. Training | Finance Division

    https://www.finance.admin.cam.ac.uk/training
    19 Jan 2015: New online course - Import principles for HE Procurement and School/Departmental staff Media Folder: Training This new online course is available covering the basic rules and considerations for the import of goods into the UK , this covers whether
  6. Contact us | Finance Division

    https://www.finance.admin.cam.ac.uk/systems/reporting/contact-us
    2 Nov 2015: Please contact for technical issues accessing either the catalogue, Cognos or UFS or, running the reports themselves ufsenquiries@admin.cam.ac.uk for new or requests for amendments to existing reports FSG.System.Support@admin.cam.ac.uk
  7. Related documents and support: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/related-documents
    1 Aug 2023: The Annex to this policy provides additional information for claimants, setting out details of expenses that are appropriate to incur whilst on University business. The Financial Procedures Manual, Chapter 5b, gives further information and possible
  8. Training documentation and FAQs | Finance Division

    https://www.finance.admin.cam.ac.uk/training-documentation-and-faqs
    18 Aug 2015: Search site. Finance Division. Training documentation and FAQs. Submitted by Helen Bailey on Tue, 18/08/2015 - 11:23. Link:. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best
  9. Excel | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/excel
    26 Nov 2020: On demand courses These are live courses run on Teams, places must be booked in advance How to Excel - Parts 1 and 2 (for finance staff) This course will enable the participants to practice existing spreadsheet skills and develop more advanced
  10. A modern financial reporting system | Finance Division

    https://www.finance.admin.cam.ac.uk/news/modern-financial-reporting-system
    28 Feb 2022: Over the last decade, investment in Finance has not kept pace with the growth and the increasing complexity of the University. We’re addressing this through the Finance Transformation Programme (FTP), which will ultimately shape and enhance
  11. Hospitality (food, drink, and entertainment): expenses policy |…

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/hospitality
    28 Jul 2023: The provision of hospitality, especially that provided externally, must be for the benefit of the University. Examples of business benefit situations This section forms part of the Employee Expenses policy. Any deviations from the policy must adhere
  12. Employees National Insurance | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/employees-national-insurance
    19 Jan 2015: National Insurance (NI) thresholds Class 1 NICs Thresholds Figures to use 2024-25 Lower earnings limit (LEL) £123 per week £533 per month £6,396 per year Primary Threshold (PT) £242 per week £1,048 per month £12,570 per year Secondary
  13. Finance Weekly Bulletin No. 817 | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-817
    23 Jun 2020: The latest issue of the Finance Weekly Bulletin is now available from the UFS website.
  14. Finance Weekly Bulletin No. 816 | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-816
    16 Jun 2020: The latest issue of the Finance Weekly Bulletin, No. 816, is now available from the UFS website.
  15. Finance Weekly Bulletin No. 815 | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-815
    10 Jun 2020: The latest issue of the Finance Weekly Bulletin, No. 815, is now available from the UFS website.
  16. Changes to Off-Payroll worker rules | Finance Division

    https://www.finance.admin.cam.ac.uk/news/changes-payroll-worker-rules
    6 Mar 2017: From 6 April 2017 new rules will apply to payments made to limited companies largely controlled by a single individual where they provide services to the University, or Agencies providing such resource to the University. For further information and
  17. Consultancy services | Finance Division

    https://www.finance.admin.cam.ac.uk/systems/reporting/consultancy-services
    25 Apr 2016: Search site. Finance Division. Consultancy services. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best use of the site:. 2024 University of Cambridge.
  18. Accommodation: Expenses Policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/accommodation
    26 Jun 2023: Tax Treatment ofprocedures FPM5b. Latest version 30 April  2024. 2024 University of Cambridge.
  19. HMRC Personal Tax Accounts | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/hmrc-personal-tax-accounts
    29 Jan 2019: Online Personal Tax Accounts (PTA) have been available for all PAYE employees since December 2015. The accounts are a secure and simple way for you to manage tax affairs online and many queries you might otherwise contact payroll about could be
  20. Tax rates and bands | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/tax-rates-and-bands
    19 Jan 2015: The 2024-25 tax rates are: UK-wide tax allowances (UK) Basic rate 20% on annual earnings above the PAYE threshold and up to £37,700 Higher rate 40% over £37,701 to £125,140 Additional rate 45% over £125,140 and above Rates for Scotland (S Prefix)
  21. The Tax Team | Finance Division

    https://www.finance.admin.cam.ac.uk/staff-and-departmental-services/tax-team
    6 Feb 2015: The Tax Team is responsible for ensuring that the University pays the right amount of tax. To do this, we make sure that we pay tax when it is properly due, but also make sure that we claim any reliefs that are available to us as a charity or
  22. Reporting Catalogue ... next steps | Finance Division

    https://www.finance.admin.cam.ac.uk/news/reporting-catalogue-next-steps
    12 Apr 2016: Please bear with us…..although the technical development of the Financial Reports Catalogue is largely complete, there is still some way to go with finalising the content in line with user feedback and in refining the number of reports.
  23. New international employees | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/new-international-employees
    19 Jan 2015: All foreign staff commencing employment must complete a Starter Checklist form, which should be sent to the Payroll Section. Download the Starter Checklist here. This form is designed to be completed online. Please ensure you complete both the
  24. Income Tax allowances | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/income-tax-allowances
    19 Jan 2015: Income Tax allowances 2020/21 2021/22 2022/23 2023/24 2024/25 Personal Allowance - those born after 5 April 1948 £12,500 £12,570 £12,570 £12,570 £12,570 - those born between 6 April 1938 and 5 April 1948 - - - - - - those born before 6 April
  25. Key finance system upgrade approved | Finance Division

    https://www.finance.admin.cam.ac.uk/news/key-finance-system-upgrade-approved
    15 Jul 2020: Oracle 12.1.3 to the latest version R12.2.
  26. Current status of UFS modules | Finance Division

    https://www.finance.admin.cam.ac.uk/key-dates-and-rates/current-status
    6 Feb 2015: Status 2023/2024 May 2024 June 2024 Accounts Payable CLOSED OPEN Accounts Receivable CLOSED OPEN Purchasing CLOSED OPEN Grants CLOSED OPEN Inventory CLOSED OPEN Fixed Assets CLOSED OPEN General Ledger CLOSED OPEN
  27. Terms and Conditions | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/terms-and-conditions
    6 Feb 2015: Sales These are the University’s Terms and Conditions which apply to all sales of goods and services made by the University unless otherwise stated or agreed between the parties, as well as our General Conditions of Contract terms for purchases of
  28. Guidance and training | Finance Division

    https://www.finance.admin.cam.ac.uk/systems/reporting/guidance-and-training
    3 Sep 2015: Reports available Summary of standard Cognos reports available to departmental users in both GL and Grants.
  29. F. Purchasing | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/f-purchasing
    25 Nov 2014: 18 Obtaining Goods, Services or Construction Works 18.1 Expenditure of £2,000,000 or above on capital items (inclusive of VAT) requires the consent of the Planning and Resources Committee. 18.2 Value for money in purchasing is normally demonstrated
  30. We’re changing the way staff claim expenses | Finance Division

    https://www.finance.admin.cam.ac.uk/news/were-changing-way-staff-claim-expenses
    20 May 2022: The new expense system, Concur, will be one of the first visible improvements delivered by the University's Finance Transformation Programme (FTP). Following a successful, year-long pilot, the Finance Division is ready to share it with the University
  31. Financial procedures - employee expenses | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/financial-procedures-employee-expenses
    26 Oct 2015: These pages set out procedures and provide additional information for claimants, approvers, department administrators and finance staff in interpreting the policy. The policy and its annex must be referenced for context.
  32. Expenses roll out is making great progress | Finance Division

    https://www.finance.admin.cam.ac.uk/news/expenses-roll-out-making-great-progress
    28 Jul 2022: The Finance Division has already rolled out the new expense system, Concur, to around 75% of staff, which is a fantastic achievement given that the main rollout started in May. Concur is a more efficient and more compliant way to reclaim
  33. New "filters" added to the Report Catalogue | Finance…

    https://www.finance.admin.cam.ac.uk/news/new-filters-added-report-catalogue
    12 Apr 2016: Taking account of feedback received two new ‘filters’ have been added into the Report Catalogue so that users can further restrict their searches to help find relevant reports.
  34. Test Page | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/excel/test-page
    6 Jul 2022: Search site. Finance Division. Test Page. test. Printer-friendly version. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best use of the site:. 2024 University of Cambridge.
  35. Taxation | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/taxation
    1 Dec 2020: Virtual classroom courses These are live courses run on Teams, places must be booked in advance VAT and the University This session provides you with a simple overview of the basics and how VAT applies to the University.
  36. New UFS Purchase Order format | Finance Division

    https://www.finance.admin.cam.ac.uk/news/new-ufs-purchase-order-format
    18 Apr 2017: A new version of the UFS Purchase Order will be available from today (Tuesday 18th April). This is as a result of the work initiated by Procurement Services in consultation with the Finance User Group over the last 18 months.
  37. Meals and subsistence: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/meals-and-subsistence
    28 Jul 2023: Latest version 23 April 2024. 2024 University of Cambridge.
  38. FD3 Employment Status form | Finance Division

    https://www.finance.admin.cam.ac.uk/fd3-employment-status-form
    18 Sep 2018: You must be logged in with Raven to use this form. By clicking the "save draft" button, at the bottom of this form, you will be able to save a part completed form prior to submission. If you have a previously saved draft of the form you wish to
  39. Schedules | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/schedules
    25 Nov 2014: Schedule 1 – Competition Procedures Schedule 2 – Definition, Advice and Guidance
  40. Budgeting | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/budgeting-0
    26 Nov 2020: Virtual classroom courses These are live courses run on Teams, places must be booked in advance Budgeting 1 - Introduction to budgeting in the University This session covers the theory and practice of budgeting in the University, how to interpret
  41. Transaction codes | Finance Division

    https://www.finance.admin.cam.ac.uk/training/docs/ufs-codes/transaction-codes
    9 Mar 2016: Purchasing Pay Sales /Income Purchasing transaction codes These are four characters in length and generally begin with an E followed by a category code. Where the category code is less than three characters UFS adds a "Z" as the fourth character
  42. Complaints Procedure | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/complaints-procedure
    25 Nov 2014: The Finance Division aims to provide a high quality and efficient service to all customers. We listen to both positive and critical comments and use them to improve our services, so if you have views about our services and the way they are provided,
  43. Anti-Bribery and Corruption training | Finance Division

    https://www.finance.admin.cam.ac.uk/Compliance/anti-bribery-and-corruption-training
    6 Feb 2015: You will be prompted for your RAVEN password. The web-based course can be accessed from the following devices with the latest browser versions:.
  44. Cash handling | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/cash-handling
    1 Dec 2020: Online courses These are online courses, available at any time. Book a place to start the course immediately. Petty Cash This short online course will provide you with an overview of the way petty cash operates.
  45. Year-end presentations plus Q&A sessions | Finance Division

    https://www.finance.admin.cam.ac.uk/Year-end-2024_presentations_and_QA_sessions
    24 Jul 2017: On this page: Year-end Presentation Year End Video Guides Year-end Additional Presentations Year-end video presentation The 2024 Finance Year End Presentation took place on 11th June at 10am. You can watch the recording above or by clicking here.
  46. Students working during holidays | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/students-working-during-holidays
    19 Jan 2015: From 6 April 2013 form P38(S) was withdrawn from use. From this date students are treated in the same way as all other employees for Income tax and National Insurance contributions purposes. A Starter Checklist form should be completed in place of
  47. Other business expenses: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/other-business-expenses
    1 Aug 2023: It is expected that, in most cases, business costs would be incurred by the institution as opposed to individual members of staff. This section details some of the main types of business expenses which may be incurred in exceptional circumstances,
  48. FTP Discovery Phase feedback session webinar | Finance Division

    https://www.finance.admin.cam.ac.uk/news/ftp-discovery-phase-feedback-session-webinar
    17 Mar 2020: During the first two weeks of March, the Finance Transformation Programme (FTP) has been feeding back the results of its Discovery Phase to key stakeholders and those who took part in the engagement activity. One of the feedback sessions was
  49. Finance system upgrade – the continuity platform for FTP | Finance…

    https://www.finance.admin.cam.ac.uk/news/finance-system-upgrade-continuity-platform-ftp
    26 Nov 2021: 3 to the latest version R12.2.10.
  50. Imports - what do Departments need to do to prepare? | Finance…

    https://www.finance.admin.cam.ac.uk/news/imports-what-do-departments-need-do-prepare
    18 Nov 2020: From 1 January 2021, the way that we pay import VAT is changing. When the EU/UK transition period ends on 31 December 2020, imports from countries in the EU will be subject to the same customs controls and VAT rules as imports from the rest of the
  51. Chapter 9 - VAT and Other Taxes | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-9-vat-and-other-taxes
    25 Nov 2014: This chapter is currently being updated Introduction to VAT It is the responsibility of Heads of Departments to ensure that their Department accounts correctly for VAT and, where appropriate, corporation tax1.

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