> Even if the full £500m in pre-payments was allowed, it would represent only 5-6% in lost revenue for one year.
The think tanks behind this think nothing of £25m – £30m. That’s equivalent to the income tax collected from thousands of working people.
wkavinsky on
Well yes they should, it’s very clearly tax evasion.
pppppppppppppppppd on
Seems a reasonably clear cut case to me. HMRC should be all over this.
pandaman777x on
Whether we like it or not it seems like they paid the tax at the current rate at the time (nothing)?
After-Dentist-2480 on
Good. The more tax avoidance schemes for the wealthy which are shut down, the less tax burden for the rest of us.
shrewpygmy on
Good. It’s just another example of the extremely wealthy bypassing taxes.
t8ne on
Seems like Dan Neidle just read the articles from around last year when they said deposit schemes wouldn’t work… did they find out how many schemes used deposit rather than invoice?
xParesh on
I’m surprised they haven’t u-turned on this policy given its lost HMRC money as many of those kids are now in state schools at the governments cost.
I don’t like the phrase politics of envy but how else can it be described if it’s brought no extra tax revenue in and may even be costing the government more?
Psittacula2 on
Just a heads up on why private vs state schools are run:
**Traditional Private Schools**
– Independent day schools
– Boarding schools (full, weekly, flexi-boarding)
– Preparatory schools (prep schools)
– Public schools (prestigious historic institutions)
– Grammar schools (private, not state grammars)
**Religious Schools**
– Church of England schools
– Catholic schools
– Jewish schools
– Islamic schools
– Other faith-based institutions
**Alternative Educational Approaches**
– Montessori schools
– Waldorf/Steiner schools
– Forest schools
– Democratic schools
– International Baccalaureate schools
**Specialist Provision**
– Special educational needs schools
– Schools for gifted and talented
– Performing arts schools (drama, music, dance)
– Sports academies
– Language immersion schools
**International Schools**
– American curriculum schools
– French/German/other national curriculum schools
– International schools with multiple curricula
**Alternative Settings**
– Tutorial colleges
– Sixth form colleges (private)
– Homeschooling cooperatives
– Online/distance learning schools
– Flexible learning centers
Each category serves different educational philosophies, learning needs, and family preferences outside the maintained state school system. Seeing the full breadth I am deeply at a loss why the government would add VAT to this process when VAT itself is deleterious and this is for educational outcomes and future and present human benefit…
Weird-Statistician on
I would love to see a breakdown of this policy in a couple of years. How many privately educated kids went back to state schools, how many private schools shut down and how much money did this make if any.
aleopardstail on
nothing says caring for a population better than taxing education
slartybartfast6 on
HMRC should start looking at those who use schemes such as amazon to avoid paying tax on sales in the UK…
12 commenti
> Even if the full £500m in pre-payments was allowed, it would represent only 5-6% in lost revenue for one year.
The think tanks behind this think nothing of £25m – £30m. That’s equivalent to the income tax collected from thousands of working people.
Well yes they should, it’s very clearly tax evasion.
Seems a reasonably clear cut case to me. HMRC should be all over this.
Whether we like it or not it seems like they paid the tax at the current rate at the time (nothing)?
Good. The more tax avoidance schemes for the wealthy which are shut down, the less tax burden for the rest of us.
Good. It’s just another example of the extremely wealthy bypassing taxes.
Seems like Dan Neidle just read the articles from around last year when they said deposit schemes wouldn’t work… did they find out how many schemes used deposit rather than invoice?
I’m surprised they haven’t u-turned on this policy given its lost HMRC money as many of those kids are now in state schools at the governments cost.
I don’t like the phrase politics of envy but how else can it be described if it’s brought no extra tax revenue in and may even be costing the government more?
Just a heads up on why private vs state schools are run:
**Traditional Private Schools**
– Independent day schools
– Boarding schools (full, weekly, flexi-boarding)
– Preparatory schools (prep schools)
– Public schools (prestigious historic institutions)
– Grammar schools (private, not state grammars)
**Religious Schools**
– Church of England schools
– Catholic schools
– Jewish schools
– Islamic schools
– Other faith-based institutions
**Alternative Educational Approaches**
– Montessori schools
– Waldorf/Steiner schools
– Forest schools
– Democratic schools
– International Baccalaureate schools
**Specialist Provision**
– Special educational needs schools
– Schools for gifted and talented
– Performing arts schools (drama, music, dance)
– Sports academies
– Language immersion schools
**International Schools**
– American curriculum schools
– French/German/other national curriculum schools
– International schools with multiple curricula
**Alternative Settings**
– Tutorial colleges
– Sixth form colleges (private)
– Homeschooling cooperatives
– Online/distance learning schools
– Flexible learning centers
Each category serves different educational philosophies, learning needs, and family preferences outside the maintained state school system. Seeing the full breadth I am deeply at a loss why the government would add VAT to this process when VAT itself is deleterious and this is for educational outcomes and future and present human benefit…
I would love to see a breakdown of this policy in a couple of years. How many privately educated kids went back to state schools, how many private schools shut down and how much money did this make if any.
nothing says caring for a population better than taxing education
HMRC should start looking at those who use schemes such as amazon to avoid paying tax on sales in the UK…