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bigduckontax
bigduckontax, Accountant
Category: Tax
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We training providers and are also VAT registered under a

Resolved Question:

Hello
We training providers and are also VAT registered under a private limited company. We have an Advance Learner Loan contract. Please can you confirm the VAT status on these?
Submitted: 1 month ago.
Category: Tax
Expert:  bigduckontax replied 1 month ago.

Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.

Vocational training and education services are exempt from VAT. They do not count towards any VAT Turnover Threshold.

I do hope that I have been able to set your mind at rest on this matter.

Customer: replied 1 month ago.
Hi Keith, even for the Advance learner loans?
Expert:  bigduckontax replied 1 month ago.

Loans are outside the scope of VAT.

Customer: replied 1 month ago.
Sorry please can clarify your last answer?
Customer: replied 1 month ago.
Also you able to send me a hyperlink for the information please?
Expert:  bigduckontax replied 1 month ago.

You don't charge VAT on loans, never ever have.

Customer: replied 1 month ago.
Thank you for the information. Could you possibly send me the link to HMRC for this?
Expert:  bigduckontax replied 1 month ago.

I cannot. loans have never formed part of the VAT regime since the tax was implemented in the early 70s.

bigduckontax and other Tax Specialists are ready to help you
Expert:  bigduckontax replied 1 month ago.

Thank you for your support.