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  • I'm not sure whether this is a bad thing or not.

    If they are able to cut out the VAT and business rates breaks then that is getting rid of a large parts of the benefits that they had by being a charity.

    If they removed charitable status from the schools then that would mean they could charge corporation tax on the profits but the schools would then be able to do what they wanted with the fees rather than have to spend them on education (and I wouldn't be surprised if some of that involved management fees, rights, etc to overseas companies or trusts to cut that tax bill right down).

    Although personally I'd just abolish all private schools and have done with it.

  • If they are able to cut out the VAT and business rates breaks then that is getting rid of a large parts of the benefits that they had by being a charity.

    This was the benefit of removing their charitable statuses as far as I could see. I certainly saw it in terms of rescinding the VAT exemption / business rates benefits.

    I didn't see any further benefits - can someone explain functionally what the difference is and why you're annoyed/seeing this as a rollback?

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