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Rating revaluation 2017

​We support the UUK-GuildHE Rating Revaluation Group, which periodically coordinates evidence gathering and negotiations on behalf of higher education institutions to influence the tax liabilities that universities face on their estates.

The group acts as an information sharing and coordinating group for each revaluation exercise. By having representation from Universities UK, GuildHEBUFDG : 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. ​


Documentation

Rating revaluation 2017: an introduction

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.

 

 


 


 

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Rating revaluation 2017: update

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 next steps.


 


 


 

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rating-revalutation-2017-update.pngRating revaluation 2017: update no.2

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.

 

 

 

 

 


rating-revalutation-2017-update.pngRating revaluation 2017: update no.3

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.

 






​Rating revaluation 2017: update no.4

23 May 2017

This is the fifth in a series of documents provided by UUK to the higher education sector on the progress of the negotiations to develop a MoA. ​​

The team

Max Hastings

Max Hastings

Policy Researcher
Universities UK

Mary Lambe

Mary Lambe

Senior Policy Lead - Pensions
Universities UK

News

Review recommends changes to higher education sector agencies

31 January 2017
Universities UK has published the recommendations of a review group – chaired by Sir David Bell, Vice-Chancellor of the University of Reading – looking at the higher education sector agencies.

Publication to improve public understanding of how universities are funded

20 July 2016
University funding explained seeks to help improve the public's understanding of how universities are funded. It highlights how universities raise income from a wide range of sources and explains how universities manage this funding.

Blog

General election 2017: tuition fees under the spotlight

15 May 2017
Juile Tam, Assistant Director of Policy at Universities UK, discusses different policies on tuition fees and the implications for universities, government and students themselves.

'Tuition fees hike' or inflationary catch-up?

26 April 2017
Julie Tam, Assistant Director of Policy at UUK, explains that, under new plans, there will be no wholesale hike in tutition fees in England.