Search

25 Nov 2014: Sometimes we will physically receive a cheque back from a supplier either as a result of a refund or a rebate/discount allowed and the following paragraphs explain what the correct VAT treatment should be.

25 Nov 2014: The University sometimes pays for supplies on behalf of other people where it is not contractually obliged to do so. However, the University will ask for these costs to be reimbursed by the third party.

25 Nov 2014: 20 Bribery, Fraud and Irregularity 20.1 Heads of Department shall implement procedures as required under the University's policy against Bribery and Corruption, including to prevent Fraud.

25 Nov 2014: A recharge occurs when the initial supply of goods/services was between the supplier and the University. The University then recovers all or part of the costs from a third party. This recovery is a new supply by the University to the third party.

27 Nov 2014: Prerequisite: Must have attended a Full Economic Costing (fEC) / Income Allocation Policy (IAP) Seminar during the last 3 years.

31 Jul 2014: Monitoring Expenditure Part of the Financial Procedures state that the Principal Investigator (PI) and the Departmental Administrator (DA) monitor spending against budget on a monthly basis and need to provide evidence of this to ensure that there

25 Nov 2014: 34 Council Delegations and Directions 34.1 The Council hereby gives all delegations and directions contemplated by these Regulations.

12 Dec 2014: Prerequisite: Must have attended a Full Economic Costing (fEC) / Income Allocation Policy (IAP) Seminar during the last 3 years.

25 Nov 2014: 25 New Income Generation or Trading Activity 25.1 Apart from core teaching, research and the organisation of conferences, when a new income-generating or trading activity is set up (whether in the UK or abroad), the Head of Department must consult

31 Mar 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 102. Published on 31 March 2014. Further to the update on the CUFS downtime. Please could all departments ensure that all transactions are complete for any grants

25 Nov 2014: The University endeavours to conduct University Business in accordance with the Nolan Principles2 The Council is the principal executive body and policy making body of the University.

31 Mar 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 103. Published on 31 March 2014. Further to the update on the CUFS downtime. Please could all departments ensure that all transactions are completed by close of

25 Jul 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 114. Published on 25 July 2014. As stated in previous Research Office bulletins, this is a reminder that pFACT will not be available after 31st July 2014. Please

25 Nov 2014: 21 Taxation 21.1 Heads of Departments shall ensure that their Department accounts correctly for VAT and where appropriate corporation tax. Where there is any doubt as to the correct VAT or tax treatment of a transaction, the Taxation Section must be

30 Jun 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 111. Published on 30 June 2014. Cambridge will be hosting the start of stage three of the Tour de France on Monday 7 July which will result in road closures for

25 Nov 2014: 15 The Cambridge University Endowment Fund (CUEF) 15.1 The University's Chief Investment Officer is responsible for all CUEF investment management activities. The Chief Investment Officer appoints and monitors external investment managers.

7 Feb 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 98. Published on 7 February 2014. The Wellcome Trust support research into all aspects of biomedical science, including the social and ethical aspects of

21 Mar 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 101. Published on 21 March 2014. RGUG is a forum led by the Research Operations Office (ROO) where research grant administration issues and developments are

12 May 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 107. Published on 12 May 2014. This is a reminder that Government taxes such as VAT, custom duties and any other tax levied either domestically or internationally

25 Nov 2014: 6 Authority to Sign Contracts 6.1 Subject to Regulations 6.2, 6.3 and 18.4 Heads of Departments have authority to sign contracts in the course of the ordinary business of their Department in respect only of available funds for which they are

8 Aug 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 115. Published on 8 August 2014. The Research Operations Office (ROO) will be running a workshop on De-Mystifying Audits on Friday 12 September, 9:30am – 11:30am

4 Apr 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 104. Published on 4 April 2014. RCUK has recently announced the outcomes of a project aimed at enabling all seven Research Councils to implement a harmonised

25 Nov 2014: For something to be potentially liable for VAT it has to be a supply of goods or services. The word supply is defined as providing something (goods or services) in return for payment. If there is a supply of goods or services it would normally be

25 Apr 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 106. Published on 25 April 2014. University Information Services (UIS) has recently released a new application for Principal Investigators (PIs) and their

11 Apr 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 105. Published on 11 April 2014. The UK Research Office are holding information and proposal writing events aiming to provide participants with a better

25 Nov 2014: Following the end of the Brexit Transition Period sales to customers in the EC are treated in a similar manner to those to customers in the rest of the world. Please see the Import Export Hub for current information.

7 Nov 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 122. Published on 7 November 2014. Research Grants User Group (RGUG) is a forum led by the Research Operations Office where research grant administration issues

25 Nov 2014: Search site. Finance Division. Appendices. 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 Jul 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 113. Published on 18 July 2014. As you may be aware, HEFCE have recently announced a new policy for open access in relation to future research assessments. This

15 Aug 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 116. Published on 15 August 2014. Please note the availability of the X5 costing and pricing application during the following periods -. • X5 will be vulnerable

25 Nov 2014: Some products are always charged without VAT, namely: Books and e-books Human blood and organs Insurance Non-VAT registered suppliers Stamps/franking machine charges Travel tickets In addition, some purchases are usually charged without VAT to the

4 Nov 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 121. Published on 4 November 2014. Deadlines. All seven Research Councils - Deadline: 4pm 13 November 2014. Cancer Research UK - Deadline: 20 November 2014.

25 Nov 2014: Be very careful when dealing with income that is described by any of the following headings; some of the terms are commonly interchanged and can mean different things to different people.

10 Jan 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 95. Published on 10 January 2014. As part of the Terms and Conditions of some of our research funders, they require evidence of an individual’s time worked on an

19 Dec 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 126. Published on 19 December 2014. Grant holders of Parkinson’s UK will need to use Researchfish to enter outcomes data from their projects by the deadline of

25 Nov 2014: The rules concerning sales to countries outside the EC are different depending on whether you are selling goods or services, and whether the recipient is in business or not. Please see the Import Export Hub for current information.

17 Oct 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 119. Published on 17 October 2014. The Research Operations Office is embarking on a new round of our ROOTS (Research Operations Office Training Strategy) Tier 2

11 Jul 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 112. Published on 11 July 2014. The European Research Council (ERC) Advanced Grant scheme is aimed at senior academics from any discipline and is judged on

25 Nov 2014: Catering (see definition at Food) and accommodation is exempt if it is provided by a College or another educational establishment to the University, and the University will use the supplies for an educational conference or teaching, and the

30 Oct 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 120. Published on 30 October 2014. There are a number of issues to draw to your attention following the extremely well attended ResearchFish workshops on Monday 20

25 Nov 2014: Domestic fuel or power Domestic fuel or power is supplied at the reduced rate of VAT. Reduced-rate VAT is a lower rate of VAT payable only on certain goods or services. The current rate for Reduced Rate VAT is 5%. Contraceptive products

21 Nov 2014: Search site. Research Operations Office. Research Operations Office Bulletin - Issue: 123. Published on 21 November 2014. British Heart Foundation - deadline 1 Dec 2014. British Heart Foundation are using the following response codes for the 2014

25 Nov 2014: The purchase of some printed items is zero-rated whilst others are standard rated. Since May 2020, electronic versions may also be zero-rated, with a small number of exceptions.

25 Nov 2014: Advertising sold to another charity is zero-rated as long as the charity you are selling to provides a certificate to claim zero-rating. The certificate should look something like the one shown at Appendix D and must be retained as evidence to

25 Nov 2014: Education provided by a university for payment is exempt from VAT. This is the main VAT exemption for income received by the University. 'Education' includes not only the traditional supplies of education such as educational provision to

25 Nov 2014: Any medical services provided by a medical doctor are exempt. This also applies to medical services provided by registered nurses and dentists. However, if a medical doctor provides a non-medical service this would be liable to VAT. This includes

25 Nov 2014: Stamps/postage charges are exempt. This will normally arise where a department is recharging franking machine costs to a member of staff or an external body. However, if you make a charge for postage which is connected with a supply of goods or

25 Nov 2014: Other universities buying goods from us may claim medical exemption provided that they meet all the conditions.

25 Nov 2014: VAT is a tax on consumer expenditure. It is charged on goods and services which fall within the scope of VAT. When deciding whether something attracts VAT we have to identify: If the transaction is within the scope of VAT; and If so, which rate of

25 Nov 2014: There are a number of VAT rates applicable to the sale of food by the University. The underlying principle is that food (not catering) is zero-rated, but some foods, including ice cream, confectionary, non-alcoholic drinks and crisps are liable to