Originally posted by TheCyclingProgrammer
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Oh Dear: This is going to be interesting vat on private school fees
Collapse
X
-
His heart is in the right place - shame we can't say the same about his brain... -
Right... So all primary school kids get free meals. So my kids (along with many others) who take in home made lunches which cost the tax payer nothing will start to become a cost.
Then add the VAT onto private schools many of which are only just surviving and there will be a load of children switching from private to state education.
Great thinking by Comrade Corbyn. He's beginning to look like a Tory undercover agent sent in years ago to destroy the Labour party.England's greatest sailor since Nelson lost the armada.Comment
-
Originally posted by Uncle Albert View PostGreat thinking by Comrade Corbyn. He's beginning to look like a Tory undercover agent sent in years ago to destroy the Labour party.
Maybe he does?
GB9? is that you Jeremy?Hard Brexit now!
#prayfornodealComment
-
Originally posted by TheCyclingProgrammer View PostI don't have a massive problem with the idea in principle, but in practice...if private schools have to start charging parents VAT, then presumably they would then be able to begin reclaiming VAT on all of their costs (which I assume as they supply exempt services currently they cannot). Now I have no idea what proportion of a private school's turnover is spent on VATable costs but I doubt it's insignificant - on this basis do the sums actually add up?Comment
-
Originally posted by VectraMan View PostWhy isn't there VAT on school fees anyway?
Free school meals for all doesn't sound like a terrible policy.Comment
-
Originally posted by barrydidit View PostI did wonder about that too. Then I remembered that a state school spends ~80% of their budget on salaries, assumed that would be the same (private school teachers aren't contractors are they?) for these guys and so it would actually raise money.
not sure about that
I have noticed, that my old comprehensive, let's call it, "Comprehensive School" is now.... dah dah dah....
a limited company, called, "Comprehensive School Ltd",
and even better,
a number of the teachers, and I don't mean one or two, are directors
it's all clearly visible on the beta.companieshouse website
one has to wonder, if the teachers who are directors are doing anything clever with wages and dividends
Milan.Comment
-
Originally posted by milanbenes View Postnot sure about that
I have noticed, that my old comprehensive, let's call it, "Comprehensive School" is now.... dah dah dah....
a limited company, called, "Comprehensive School Ltd",
and even better,
a number of the teachers, and I don't mean one or two, are directors
it's all clearly visible on the beta.companieshouse website
one has to wonder, if the teachers who are directors are doing anything clever with wages and dividends
Milan.Comment
-
How many of those few who can afford private schools now voted for Brexit? Probably not many, so might as well clobber them with taxes.
Yours,
TheresaComment
-
Originally posted by VectraMan View PostWhy isn't there VAT on school fees anyway?Comment
-
Originally posted by barrydidit View PostNah, my ex is a teacher. I'd have heard about it if there was a sniff of this kind of thing going on. Most likely your old school is now an academy. They'll still employ the majority of the teaching staff but maybe a couple of them are directors or they have external directors who don't have teaching responsibilities.
Bet you didn't mind detention
The Chunt of Chunts.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment