Private school tax breaks threatened
Charity Commission outlines guidelines for schools to justify their tax benefits
Charity tax breaks enjoyed by private schools are set to be subject to strict
conditions laid down by the
Charity Commission.
Private
schools will be forced to justify their charitable status by being
accessible to the children of lower income families, sharing facilities with
local state schools or seconding teachers.
Charitable
status gives an exemption from income tax, stamp duty, reduces business rates by
80% and gives special treatment on VAT.
Further reading:
Charity
status threat to independent schools
Tuition fees VAT decision
overturned