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GMB SCHOOL CUTS AND ACADEMIES GMB NEWSLETTER FOR SCHOOL SUPPORT STAFF Join online at www.gmb.org.uk With no consultation whatsoever Michael Gove, Secretary of State for Education decided to abolish
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CUTS stands for Common Reporting Standards and CRS is an international protocol for the automatic exchange of financial information. Academies refer to educational institutions.
Financial institutions and educational institutions are required to file cuts and academies.
CUTS and academies can be filled out electronically through the designated government portal.
The purpose of cuts and academies is to ensure transparency and compliance with financial regulations.
Information such as financial transactions, account balances, and personal identification details must be reported on cuts and academies.
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