Knowledge transfer partnerships / business innovation vouchers

Knowledge Transfer Partnerships (“KTP’s”) are a UK wide programme enabling businesses to improve their competitiveness, productivity and profitability by establishing partnerships with an academic institution.  These are often administered by the use of Business Innovation Vouchers.

The VAT liability of each income stream must be separately assessed. The government funded element of a KTP is an ‘outside the scope of VAT’ grant which supports the cost of services provided by the University to its customer. Where the recipient of the research services is a business, VAT will be charged at the standard rate on their contribution.