The current information provided is that the start date should be approximately (but not earlier) than 8 months from the deadline of the call. Any grant with a start date earlier than the signature of the contract with the EC would need to be set-up at the Department's risk.
VAT is now an eligible cost for Institutions that cannot re-claim VAT, which includes the University as HMRC do not allow UK institutions to re-claim VAT on EC grants.
College Fees are an ineligible cost on all EC grants
All equipment costing £30,000+ is capitalised and depreciated so that it is written off over four years using the straight-line method of depreciation rather than being written off immediately. To be able to re-coup the full value of the item, the item will need to be purchased within the first year of a 4+ year grant. Further details are available on the Depreciation page
Audit fees – An independent audit should be classified as subcontracting and therefore will not attract overheads. See the Factsheets for the current audit fees
Contact the Research Operations Office European Team:
