Vat on Independent school fees?

You can tell who’s been privately educated on this thread and who hasn’t.
Can you? Do you think I have been?

I think VAT on school fees is fucking outrageous. People should get further tax relief for unburdening the state of their child's education cost.

(Ditto private health care, BTW). And no, I went to comprehensive and I don't have private healthcare either.
 
  • Like
Reactions: PPT
Can you? Do you think I have been?

I think VAT on school fees is fucking outrageous. People should get further tax relief for unburdening the state of their child's education cost.

(Ditto private health care, BTW). And no, I went to comprehensive and I don't have private healthcare either.
I wouldn’t have said you were privately educated, no.
 
They’ll still find the money, just month to month, but it will still equate to finding a few grand over the course of a year.

I’m bound to say that anyone who makes a choice to spend their money on something that cannot stand (what will ultimately equate to) around a 10% increase always runs the risk of it becoming unaffordable. It’s no different from new cars or foreign holidays vs second hand cars and holidays in the UK. People have to make those choices every year.

I completely respect and defend people’s right to educate theur children privately but if they are making that choice then it should be subject to the same tax rules as any other professional fee.
Kind of where I am.

I have a son in private school but I don’t feel either way on this issue. If I need to pay more on school fees I will, but I’ll balance that by spending less on something else. Holidays, things that need doing at home, new stuff…either way the exchequer won’t make too much more that they would have already.

Where perhaps the impact hasn’t been thought through is on those people who can barely afford the fees and forgo a lot of life’s comforts to send their kids to private school for a whole variety of reasons, including SEND provision. Unfortunately they’ll be the ones who will lose out..
 
What a complete shambles.

Their manifesto was already a work of fiction, given that they only outlined two notable tax hikes; non doms and putting VAT on private school fees. Now they’ve had to water-down or postpone these because of a fundamental lack of foresight, judgement and preparation.

It’s highly doubtful that either of these policies will raise any money, and so all they’ve done is advertise their incompetence and aggravate concerns across the gilt market about what comes next.

Really very poor.
I’m going to hold judgement until at least the budget, but I’m interested to know how they plan to borrow to fund growth….
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.