I saw that too. They’ve got a team of well paid lawyers who will argue that it will disadvantage their kids if they have to suffer the disgrace of sending them to state school if they can no longer afford the fees. Boo ****ing Hoo. Forgive me if I have zero sympathy for wealthy parents whose idea of poverty is having to pay more to send their children to an exclusive £20k per year school. Loads of private schools are registered as charities, so they already dodge income tax and corporation tax, despite raking in profits (conveniently termed surplus) especially from their overseas satellite schools. So most of them have a huge surplus in a trust or account, which again isn’t taxed. They are free to spend this as they wish as long as it’s related to the school, so a new swimming pool, theatre, equipment, buildings, wages etc so if they are really that worried about the VAT, then why not offset the school fees increase from their annual surplus and help these poor parents out ?
These parents know the schools aren’t obliged to pass on the increase? No legal action when schools have increased fees by whatever they fancy in the past. The money could be spent on a decent accountant to avoid enough tax in other areas to make up however much more they’re paying for Seb and Poppy to go to Hogwarts.
Everything goes back in, children from less affluent backgrounds get a bursary, paid for by the school. It can be all, or some, of the full amount, depending on the parents circumstances. That's how sons of poor immigrants end up in some of them, if they're smart enough.
Well that's what I mean, all of the surplus goes back into the school. So some of that could be used to offset fee increases if the schools decide to pass on the VAT to parents.
I agree, but that would be down to the ****ty behaviour of the private schools. There are scholarships for exceptionally talented kids who's parents can't afford the fees. Bursaries are often applied for by parents who opt to send their children to private school but can't afford the fees, regardless of their academic excellence. It's also worth noting that parents who send their kids to private schools in catchment areas where there isn't a state school, will not pay the VAT (the school that is)
I'd have a pretty good guess that you being self employed dodge some of your taxes. A fooking £3.5k bike paid for by selling ice creams lol, did the taxes you dodge pay for that. Like you, people are free to spend their hard earned cash how they choose. Some choose to spend it on their kids education, others chose to piss their money up the wall, or on becoming a chain smoker, others spend it on expensive holidays even you on B&B's that have pods. Maybe your lack of work at the moment is bringing out your bitter mind more than usual. As for helping poor parents out, hmm, weren't you the one suggesting some kid couldn't afford your prices, talk about a hypocrite. I don't have too much care about private schools either, but turning 50 has turned you into a right bitter old fart.
Edible gold sprinkles and cornets rolled between the thighs of Vestal Virgins ... don't have to sell many of them to afford a top of the range push bike, mate
They're definitely not. You don't get a bursary unless you pass an exam, they've kinda replaced Grammar schools. And the excellence of the tutoring and facilities have to be paid for, and the state won't pay.
Rightly so imo. State education needs much more funding as it is. The VAT raised from public schools will help.