Academy Trust Handbook 2021 – What's New?

The latest Academies Financial Handbook, now called the Academy Trust Handbook, has been published. We look here at the key changes.

The latest revision to the Academies Financial Handbook, now called the Academy Trust Handbook, was published on 16^th June 2021 and takes effect from 1^st September 2021.

The new edition is available here and:

• affirms the aspiration for all schools to be part of 'a confident and successful multi-academy trust';

• cites existing duties (not previously recorded in the Handbook) to provide 'close to a 'one stop shop' for trustees, local governors and leaders'; and

• includes new provisions ranging from off-payroll arrangements, senior executive leaders and special severance payments, to the suitability of members, cybercrime, and the provision of information during an ESFA investigation.