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Higher apprenticeship scheme pilot studies middlesex university

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Higher apprenticeship scheme pilot studies middlesex university

Old 30th Nov 2013, 21:52
  #21 (permalink)  
 
Join Date: May 2001
Posts: 10,823
you don't pay VAT on Education.

HM Revenue & Customs

but the course price is higher so someone is pocketing the 20% VAT.
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Old 30th Nov 2013, 22:16
  #22 (permalink)  
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Location: Winchester
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I'm still not with you I don't think...

As far as I see it Middlesex Uni get the 9k or whatever it is directly from the student/student loan company...

The student then pays CTC their course fee which I assume VAT is payable on because it is still flight training? Unless CTC have just succeeded where others have failed in finding a way to exempt flight training from VAT?

Am I missing something here?
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Old 30th Nov 2013, 22:34
  #23 (permalink)  
 
Join Date: May 2001
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Yep it is now a vocational degree under the vocational national apprenticeship scheme or what ever its called and its through an education establishment designated by the education act.

No VAT payable on vocational training.

You didn't honestly think they would go to all that effort just so the students could get a 0-9k's worth of cheap loan did you? Its to get the extra 16k plus more likely over 20k with the type rating per student profit.
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Old 30th Nov 2013, 23:21
  #24 (permalink)  
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Well I just wasn't convinced that HMRC would allow a major flight school to get out of its VAT requirements just because it had signed a partnership with a university...
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Old 30th Nov 2013, 23:27
  #25 (permalink)  
 
Join Date: May 2001
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They haven`t got much option if its set up properly.


Note the previous post that the students apply through ucas and the fee is 100k. Its all part of hoops you need to go through to get the excemption for VAT.

They can`t charge more than the max uni matriculation fee but they can launder vocational training course fees which are required.

Last edited by mad_jock; 30th Nov 2013 at 23:38.
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Old 1st Dec 2013, 03:53
  #26 (permalink)  
 
Join Date: Jul 2013
Location: United Kingdom
Posts: 303
Tax Free?

Isn't the Wings course tax free anyway due to the set up with the 'security bond?'
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Old 1st Dec 2013, 10:08
  #27 (permalink)  
 
Join Date: May 2001
Posts: 10,823
There are different taxes involved with the cadet type schemes.

But it really doesn't concern the actual student as the pay the main headline price anyway.

The tax with VAT and employers NI contributions and cooperation tax offset is dealt with by the trainer and company doing the sponsoring.

You can't have a tax free course with commercial training only with this degree thing.

The vat must be paid but eventually if you go through to a VAT registered company they can claim it back. But you as an individual can't get it back.

An airline only has to take 5 cadets on a year and it pays for the training budget for 50 plus pilots.

As much as some go on that its because of perceived quality etc etc The main line is that the accountants love it because they make money out of recruiting. If they didn't they wouldn't do it.
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Old 14th Dec 2013, 13:18
  #28 (permalink)  
 
Join Date: Apr 2011
Location: United Kingdom
Posts: 40
So easyjet has announced that they are the partner airline with CTC for this Uni course. Who knew!

Latest news - easyJet plc
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