The group acts as an information sharing and coordinating group for each revaluation exercise. By having representation from Universities UK, GuildHE, BUFDG : British Universities Finance Directors Group and AUDE, the group is able to understand and raise the different pressures or concerns of different types of institution in different regions. The group is one of the longest standing examples of high-level sector cooperation in the UK, and periodically coordinates evidence gathering and negotiations on behalf of higher education institutions to influence the tax liabilities that universities face on their estates.
6 October 2015
This document provides an introduction to the 2017 Rating Revaluation Exercise for the UK higher education sector. Aimed at university vice-chancellors, heads of finance, heads of estates and other interested stakeholders, it explains in simple terms the background, rationale and progress to date of the revaluation exercise, and outlines next steps until new rates are applied on 1 April 2017.
22 July 2016
A brief update to outline the Valuation Office Agency valuation approach,
the potential impact on institutions arising from the Practice Note, report on
progress in negotiations with the Valuation Office Agency and advise on the
25 October 2016
Gerald Eve LLP, on behalf of the UUK/GuildHE Rating Advisory Group, is continuing to work to deliver a more contained increase in rate liabilities to the sector than those indicated in the VOA’s latest publication, and to deliver a new memorandum of agreement. A further update on progress will be circulated before Christmas 2016.
20 January 2017
This is the fourth in a series of documents provided by UUK to the higher education sector on the progress of the negotiations to develop a Memorandum of Agreement. It includes an update on the progress of central negotiations, the practical implications for institutions and next steps in the revaluation process.