Version 2.5 of the Transparent Approach to Costing (TRAC) guidance is now available. This version should be used for TRAC returns for the academic year 2019-20.
A change log is provided at Annex 1.1a to help identify updates. Also included is supplementary guidance (Annex 1.1b) to address issues arising from the impact of the coronavirus (COVID-19) pandemic.
Please note that some of the annexes will be updated later in the year, so please look out for further announcements.