VAT on Purchases
VAT on Purchases
VAT on Purchases
JMU Services Limited
Capital expenditure represents funds invested in acquiring, upgrading and constructing fixed assets. A fixed asset is a resource the University controls and from which we can expect to derive future economic benefit for more than one year. Expenditure for any other purpose is revenue.
Procurement services have responsibility for developing the LJMU procurement strategy, financial regulations, i-buy and supporting LJMU schools and service teams to achieve value for money and best practice in obtaining goods and services.
i-Buy is a self-service system, which helps LJMU staff select and order goods, services and works in a simple and standardised manner, from approved, recognised sources.
Come and see one of your Procurement Finance Officers around campus who can answer your queries, guide you through processes, do live demos on i-Buy and chat all things Procurement
Raising requisitions through iBuy
Find out more about our contracted Travel Agents for staff and business travel.
The University has checks in place to ensure that all contractors who provide services to us should not in fact be treated as if they were an employee and have PAYE and National Insurance withheld on payments made to them.
A P60 is issued to employees at the end of a tax year. The tax year runs from 6 April to 5 April the following year.