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BUFDG Annual Report 2024-25

Find out about what we achieved last year

Read the report and watch the highlights video

 

FEHE SORP regional workshops and webinar recording

Various dates

To support preparations for the FEHE SORP (effective from 1 January 2026 and expected to be published in August 2025), a webinar and series of regional workshops are being hosted by KPMG's Accounting Advisory Services team throughout May and June. The recording of the recent webinar is available to the public, so any auditors or FE accountants can view it. And we are now holding a series of workshops around the country for BUFDG members to come and hear more about the SORP, ask questions, and discuss. Starting on 20 May, the workshops are being held in Leeds, Edinburgh, Birmingham, Bristol, London, and Belfast.

Finance and other systems used in universities

We've gathered information from our members about which financial and other systems they use, and captured the finance system for 123 universities/higher education providers, plus the systems/software used for payroll, expenses, CT returns, VAT returns, and global mobility for many of them.

 

News

BUFDG Digest 21 May 2025

21/05/2025

Amanda Darley

Managing margins, H E finance data and reports, final pay offer, immigration, Medr consultation, NI fees, termination payments and more...

Procurement Value Survey 2023-24 Results Report

14/05/2025

Ashley Shelbrooke

PVS results report FY 2023-24

BUFDG Digest 7 May 2025

07/05/2025

Amanda Darley

BUFDG Annual Report 2024-25, naming and shaming universities may be back, CUBO benchmarking report, what the public thinks of university fees, alternative funding models, SFC funding for shared services in research, FEHE SORP update and workshops, Tax Conference, and much more...

All news

BUFDG E-learning

Did you know? BUFDG has an extensive suite of over 50 CPD-certified e-learning modules, covering a huge range of HE finance topics. These are free to access with your BUFDG website account.

Upcoming Events

International ‘deep-dive’ online roundtable - China

27/05/2025

Online via MS Teams - 10:00-11:30

Member only session to share experiences of all things tax/ social security related with peers.

Scottish Deputy Finance Directors Meeting - online

28/05/2025

MS Teams: 10:00-12:00

The next Scottish Deputy Finance Directors Meeting will take place on Wednesday 28 May.

BUFDG training: Demystifying Finance and Budgeting in the HE...

03/06/2025

Online via Zoom - 9.30am - 1pm - Part 1: 3 June and Part 2: 10 June

The aim of this course is to increase your confidence in dealing with finance, budgets and even finance staff.  Demystifying some of the jargon used and ensuring that you have a solid understanding of finance, accounting and budgeting.

 

VAT Education Exemption in EU Member States

KPMG has provided an overview for BUFDG members of the ability for UK universities to qualify for the education exemption in certain EU countries.

Download the document

2024 Financial Statements webinar resources

The 2024 Financial Statements webinars were held in May 2024. The slides and recording are now available for members to access.

Access the recording and slides

Termination Payments Guidance

This guidance sets out the tax implications of payments and benefits provided to employees on the termination of their employment.

Read the Guide here

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