VAT Impact on Private Schools
This is a UK news story, published by BBC, that relates primarily to Edinburgh news.
UK news
For more UK news, you can click here:
more UK newsEdinburgh news
For more Edinburgh news, you can click here:
more Edinburgh newsNews about United kingdom business & economics
For more United kingdom business & economics news, you can click here:
more United kingdom business & economics newsBBC news
For more news from BBC, you can click here:
more news from BBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about United kingdom business & economics, you might also like this article about
private school fees. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest average private school fees news, private schools news, news about United kingdom business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
private school pupilsBBC
•What will happen when VAT is added to private school fees?
82% Informative
From January next year , private schools will no longer be exempt from paying 20% VAT .
The 80% business rate discount will also be removed for schools in England and Wales that operate as charities.
Edinburgh has one of the highest concentrations of privately educated children in the UK .
George Heriot's School , the inspiration for Harry Potter's Harry Potter school, is in the crosshairs of the tax hike.
In 2021 , figures showed that school fees had grown 20% beyond inflation since 2009 .
But student numbers have not diminished as a result of the rise in fees.
An ongoing decline in birth rates means there will be fewer children who need to fill school places.
The IFS estimates the policy will generate an extra 1.3 to 1.5bn for the UK government.
George Heriot's School was founded in 17th century to provide for some of Edinburgh ’s poorest children.
Mrs Gibson said a “pain point where people will not be able to afford to go beyond” will arrive with the fee increase.
VR Score
86
Informative language
84
Neutral language
72
Article tone
informal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
3
Affiliate links
no affiliate links