THE: Lift tax-barrier to shared services, Alliance pleads
…tor faces severe funding cuts, the director of a mission group has said. Libby Aston, of the University Alliance, said that slow progress on a more “flexible framework” for VAT could hinder the potential for efficiency savings in the sector. Currently, institutions that want to share activities such as payroll management must save at least the cost of VAT – 17.5 per cent – as although universities are classed as VAT-exempt, they cannot reclaim the…