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Expenses Policy Statement and Scope | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/statement8 Aug 2023: Policy Statement This policy sets out the rules and key principles in relation to the incurring, claiming, approving, and processing of expenses for employees. As a charitable organisation, the University has an obligation to ensure all funds are -
Application: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/application1 Aug 2023: Any deviations from the Expenses policy must adhere to the key principles and be authorised by the Head of Institution. A record of the extenuating circumstances must be kept for audit purposes. -
FTP - what to expect in 2022 | Finance Division
https://www.finance.admin.cam.ac.uk/news/ftp-what-expect-202231 Mar 2022: The new system is more automated and efficient, while providing data to help us report the University’s carbon footprint. ... and processes; and put new frameworks in place to make sure we meet staff needs with regards to IT equipment. -
2018/2019 Finance Review | Finance Division
https://www.finance.admin.cam.ac.uk/news/20182019-finance-review11 Feb 2020: David Hughes recently delivered a review of the 2019 Financial Statements. It was an opportunity to get a more in-depth understanding of the results for the year. Slides from the presentation are available here. -
Employer costs | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/employer-costs4 Apr 2017: Employer on-costs are the values paid by the employer on top of an individual's gross pay. Departments can expect to pay on-costs for pension, national insurance and the apprenticeship levy. -
Phishing email alert | Finance Division
https://www.finance.admin.cam.ac.uk/news/phishing-email-alert28 May 2019: We are advised by our UIS colleagues that we need to be on the lookout for document attachments in emails that instruct you to ‘Enable Editing’ and ‘Enable Content’. These are scam emails linked to a piece of malware commonly known as -
Submission of claims: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/submissions1 Aug 2023: Claims must be submitted via the Concur system approved by the Finance Division. Claims for out-of-pocket reimbursements, e.g., paid for using a personal payment card, must be submitted no later then 3 months from the date the expenditure was -
Finance Transformation Programme appoints new Project Manager |…
https://www.finance.admin.cam.ac.uk/news/finance-transformation-programme-appoints-new-project-manager25 Aug 2021: Submitted by nl407 on Wed, 25/08/2021 - 09:58. John Galvin, Head of the Finance Transformation Programme (FTP) has welcomed new team member Rogerio Scott Antunes, who has taken on ... John said: “I would like to welcome Rogerio as our new SPP Project -
Gifts and individual recognition: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/gifts28 Jul 2023: Gifts to employees for birthdays and other occasions are considered personal, non-business expenditure and must not be claimed via expenses. Tax treatment for gifts and individual recognition This table forms part of the Employee Expenses policy. -
Health and wellbeing costs: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/health1 Aug 2023: Generally, the University will neither pay nor reimburse the costs of personal healthcare. Tax treatment of health and wellbeing costs This table forms part of the Employee Expenses policy. Any deviations from the policy must adhere to the key -
Staff Bureau enquiry form | Finance Division
https://www.finance.admin.cam.ac.uk/staff-bureau-enquiry-form19 Dec 2017: In order to consider your need for financial staff support, please complete the sections below. You'll then be contacted to discuss whether there is a suitable team member available. The information entered here will be used by the University of -
Sanctions | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/sanctions13 Mar 2022: What are sanctions? Page last updated 12/07/24 Sanctions are restrictive measures that can be put in place to fulfil a range of purposes. -
Relocation expenses: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/relocation1 Aug 2023: This section forms part of the Employee Expenses policy. Any deviations from the policy must adhere to the key principles and be authorised by the Head of Institution. Where appropriate, any claims must also align to the funder’s terms and -
Alerts for employees | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/alerts-employees26 Nov 2015: Current areas of concern Fraudulent HMRC e-mails Fraudulent e-mails are being circulated relating to Her Majesty's Revenue & Customs (HMRC). In all cases the e-mails state that a tax refund has been calculated for an individual and provides a link -
Payroll deadline dates | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/payroll-deadline-dates26 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. -
Sustainable business travel: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/business-travel28 Jul 2023: Before undertaking any business travel, employees must consider whether the business purpose can be achieved without needing to travel. Virtual meetings can offer an efficient (in terms of both time and cost) and sustainable alternative to physical -
Finance Weekly Bulletin 819 | Finance Division
https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-8197 Jul 2020: The latest round up of news from the Finance Division is available from the UFS website but below is a summary of items that were included in the 7th July edition. -
Adjusting Grants Expenditure in AP
https://www.finance.admin.cam.ac.uk/files/gms_adjexpap.pdf15 Jan 2019: b. Click on the New icon and a new line will appear below the original. ... d. Click on the New icon (or click in the next available line down). -
Key Principles: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/key-principles28 Jul 2023: All expenses must be incurred in accordance with the following five key principles. 1. -
About | Finance Division
https://www.finance.admin.cam.ac.uk/about19 Jan 2015: Welcome to the Finance Division in this section you will find : The Finance Division Handbook (see Welcome pages) - which provides an overview of the division's structure and a summary of who does what and where Maps and directions as to how to find -
Beware forged £20 notes | Finance Division
https://www.finance.admin.cam.ac.uk/news/beware-forged-ps20-notes19 Dec 2019: Fraudsters are trying to push their stock of forged £20 notes in advance of the new Polymer £20 coming out in February. -
Training, development & subscriptions: expenses policy | Finance…
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/training1 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. -
University of Cambridge – Research Operations Office VAT flowchart ...
https://www.finance.admin.cam.ac.uk/files/vat_flowchart.pdf19 Jul 2021: the research output improves the operations of the Sponsor. Operational benefits for government departments includes the development of new technology that improves or aids military capabilities (durability of materials, new ... outcomes with an aim -
Roles and responsibilities: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/responsibilities8 Aug 2023: This policy is owned by the Director of Finance on behalf of the Finance Committee. Heads of Institution are responsible for ensuring that all expense claims are in line with this policy, the Annex: How to apply the policy, and the related -
Employees National Insurance | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/employees-national-insurance19 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 -
Contact us | Finance Division
https://www.finance.admin.cam.ac.uk/systems/reporting/contact-us2 Nov 2015: for new or requests for amendments to existing reports. Search. Some items on this website are restricted. -
Excel | Finance Division
https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/excel26 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 -
Amending Invoice Distributions
https://www.finance.admin.cam.ac.uk/files/ar_amenddist.pdf20 Feb 2020: 7. Once the correction has been made and saved, a negative line is generated to the original code and a new positive line is created for the correct account. -
Processing a Debit Memo
https://www.finance.admin.cam.ac.uk/files/processing_a_debit_memo.pdf5 Dec 2023: AR to AP Detailed Procedure Processing a Debit Memo. Version: 1:0 December 2023. Page 1 of 1. Refunding Customers – Processing a Debit Memo. If a customer has already paid an invoice but needs to be refunded, you will need to create a credit memo -
Hospitality (food, drink, and entertainment): expenses policy |…
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/hospitality28 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 -
Related documents and support: expenses policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/related-documents1 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 -
A modern financial reporting system | Finance Division
https://www.finance.admin.cam.ac.uk/news/modern-financial-reporting-system28 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 -
Training documentation and FAQs | Finance Division
https://www.finance.admin.cam.ac.uk/training-documentation-and-faqs18 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 -
Accommodation: Expenses Policy | Finance Division
https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/accommodation26 Jun 2023: Overnight accommodation should only be booked where the employee cannot reasonably be expected to make a return journey on the same day. Accommodation for absences of extended duration Where possible, regulated accommodation should be booked and -
Goods eligible for medical exemption
https://www.finance.admin.cam.ac.uk/files/appg_me_goods.pdf18 Jan 2024: This list is not exhaustive. With the pace of change, new types of equipment will be developed. -
Raising a debit memo
https://www.finance.admin.cam.ac.uk/files/raising_a_debit_memo.pdf5 Dec 2023: Link the credit and debit memos together by entering the debit memo number in a new line in the Apply To field (3). -
Finance Weekly Bulletin No. 817 | Finance Division
https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-81723 Jun 2020: The latest issue of the Finance Weekly Bulletin is now available from the UFS website. A summary of this week’s items is given below and Key Contacts are requested to share this information with staff in their departments as appropriate. -
Finance Weekly Bulletin No. 815 | Finance Division
https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-81510 Jun 2020: Banking information required for new Individuals and Students (who are not already on Payroll). -
HMRC Personal Tax Accounts | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/hmrc-personal-tax-accounts29 Jan 2019: Your PTA can also be used to:. Print proof of you National Insurance number (handy for new employees completing new starter checklists). -
Finance Weekly Bulletin No. 816 | Finance Division
https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-81616 Jun 2020: The latest issue of the Finance Weekly Bulletin, No. 816, is now available from the UFS website. A summary of this week’s items is given below and Key Contacts are requested to share this information with staff in their departments as appropriate. -
Changes to Off-Payroll worker rules | Finance Division
https://www.finance.admin.cam.ac.uk/news/changes-payroll-worker-rules6 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 -
Quick guide external sales
https://www.finance.admin.cam.ac.uk/files/quick_guide_external_sales.pdf29 Apr 2024: Debt management. Before a sale is madeConsider and assess the credit risks of customer types and particular activities – credit checks must be performed on all new customers. -
Delegated Authority form Finance Division December 2020 Page 1 ...
https://www.finance.admin.cam.ac.uk/files/delegated_authority_form.pdf4 Dec 2020: II. Add New Delegation Delegated powers Please list all delegations and reference where appropriate the relevant section of the Financial Regulations Sub-delegations An additional form must be completed for any ... Previous Delegatee signature. Name. Date -
Click or tap here to enter text. Delegated Authority ...
https://www.finance.admin.cam.ac.uk/files/delegated_authority_form.docx4 Dec 2020: II. Add New Delegation. Delegated powers. Please list all delegations and reference where appropriate the relevant section of the Financial Regulations. ... Previous Delegatee signature. Name. Date. VI Approval of sub-delegations The HOI must approve all -
Supplier Anti-Modern Slavery form 04 February 2021 Supplier…
https://www.finance.admin.cam.ac.uk/files/antims_state.pdf4 Feb 2021: Before confirming any new suppliers requests or agreeing further business with a supplier,. -
Tax rates and bands | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/tax-rates-and-bands19 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) -
F. Purchasing | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/f-purchasing25 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 -
Consultancy services | Finance Division
https://www.finance.admin.cam.ac.uk/systems/reporting/consultancy-services25 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. -
New legal entities and amendments to existing entities | Finance…
https://www.finance.admin.cam.ac.uk/policy-and-procedures/new-legal-entities-and-amendments-existing-entities15 Oct 2021: a) Assign leads:. Departmental sponsor for new entity. Departmental point person - responsible for Finance Committee paperwork. ... a) Create a common platform if knowledge:. Synopsis of need for new entity/change. -
Income Tax allowances | Finance Division
https://www.finance.admin.cam.ac.uk/payroll/income-tax-allowances19 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
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