A VAT FIASCO
A survey by the Independent Schools Council reveals that, at September, the number of pupils in independent schools has already fallen by 10,540 against September 2023 based on data obtained from 1,185 schools out of 2,600 schools based in the UK. Schools with the lowest fees and those with less than 300 pupils showing the biggest loss.
Now since the average annual fee is £16,000 p.a. the total VAT that would have been raised on the lost fees is £33.728 million, ( 10,540 X £3,200). The ISC calculate that the cost to the Education Dept. to be £92.8 million
Please, could any of the group’s left-wing supporters explain to me how, in an attempt to raise VAT of £33.728 million by incurring a cost of £92.8 million makes any sense. Bear in mind this is BEFORE the tax is applied.
This is government in total disarray led by Starmer who was educated privately through a bursary. Talk about “I’m all right Jack, sod you.
Now since the average annual fee is £16,000 p.a. the total VAT that would have been raised on the lost fees is £33.728 million, ( 10,540 X £3,200). The ISC calculate that the cost to the Education Dept. to be £92.8 million
Please, could any of the group’s left-wing supporters explain to me how, in an attempt to raise VAT of £33.728 million by incurring a cost of £92.8 million makes any sense. Bear in mind this is BEFORE the tax is applied.
This is government in total disarray led by Starmer who was educated privately through a bursary. Talk about “I’m all right Jack, sod you.
