Private schools, times a changing?

[okgo]

Letter from school saying they’ll absorb a proportion of the VAT.

Also said it will know how it can be challenged legally as soon as there is a draft legislation.

[DonkeyApple]

okgo said:

Letter from school saying they’ll absorb a proportion of the VAT.

Also said it will know how it can be challenged legally as soon as there is a draft legislation.

One would hope that a cohort that contains some of the finest educational establishments on the planet and an alumni of some of the greatest legal minds and PR specialists could at least put up a fair debate.

[Louis Balfour]

DonkeyApple said:

okgo said:

Letter from school saying they’ll absorb a proportion of the VAT.

Also said it will know how it can be challenged legally as soon as there is a draft legislation.

One would hope that a cohort that contains some of the finest educational establishments on the planet and an alumni of some of the greatest legal minds and PR specialists could at least put up a fair debate.

Now that Labour has managed to scrape a victory, I do wonder whether it will fall down the list of priorities.

[Zolvaro]

Louis Balfour said:

DonkeyApple said:

okgo said:

Letter from school saying they’ll absorb a proportion of the VAT.

Also said it will know how it can be challenged legally as soon as there is a draft legislation.

One would hope that a cohort that contains some of the finest educational establishments on the planet and an alumni of some of the greatest legal minds and PR specialists could at least put up a fair debate.

Now that Labour has managed to scrape a victory, I do wonder whether it will fall down the list of priorities.

It is one of their 1st 6 steps for change, so I would expect them to start taking a lot of flak if isn't done very quickly.

https://labour.org.uk/change/first-steps-for-chang...

[p1stonhead]

Zolvaro said:

Louis Balfour said:

DonkeyApple said:

okgo said:

Letter from school saying they’ll absorb a proportion of the VAT.

Also said it will know how it can be challenged legally as soon as there is a draft legislation.

One would hope that a cohort that contains some of the finest educational establishments on the planet and an alumni of some of the greatest legal minds and PR specialists could at least put up a fair debate.

Now that Labour has managed to scrape a victory, I do wonder whether it will fall down the list of priorities.

It is one of their 1st 6 steps for change, so I would expect them to start taking a lot of flak if isn't done very quickly.

https://labour.org.uk/change/first-steps-for-chang...

Shadow education secretary said on the radio this morning it’s one of their first things on the list in the coming few weeks

[okgo]

p1stonhead said:

Shadow education secretary said on the radio this morning it’s one of their first things on the list in the coming few weeks

I can see it grinding to a halt when they finally do write down a single policy on anything in an official manner.

Anyway, sounds like it will barely affect me fiscally, waste of everyone’s time. Big wealthy schools which contain the most kids on bursaries and have the best facilities that the public get a use of will easily weather it and bin most of the benefits to the common man that voted against it.

It’s hilarious really.

[Vixpy1]

Wait until the civil service gets hold of the legislation :lol:

[Louis Balfour]

If this does happen, my story so far is one of getting out just in time. I was in the last batch to receive a full student grant at Uni. and I managed to educate my children VAT-free.

My children are talking in terms of not remaining in this country (sad but true) so my grandchildren are unlikely to be affected.

[DonkeyApple]

Vixpy1 said:

Wait until the civil service gets hold of the legislation :lol:

Done in days now they're all back at work as the Tory scum stopping them from doing their jobs are finally gone.

Labour need the money and I think they'll bang this one through asap before others can put a challenge of merit up.

[Louis Balfour]

DonkeyApple said:

Vixpy1 said:

Wait until the civil service gets hold of the legislation :lol:

Done in days now they're all back at work as the Tory scum stopping them from doing their jobs are finally gone.

Labour need the money and I think they'll bang this one through asap before others can put a challenge of merit up.

Contrary to them saying it won’t be till ‘25?

[Rob 131 Sport]

Louis Balfour said:

DonkeyApple said:

Vixpy1 said:

Wait until the civil service gets hold of the legislation :lol:

Done in days now they're all back at work as the Tory scum stopping them from doing their jobs are finally gone.

Labour need the money and I think they'll bang this one through asap before others can put a challenge of merit up.

Contrary to them saying it won’t be till ‘25?

Does anyone seriously think this will raise any money.

Labour Envy Tax 1. I wonder what else is coming….

[Vixpy1]

Rob 131 Sport said:

Louis Balfour said:

DonkeyApple said:

Vixpy1 said:

Wait until the civil service gets hold of the legislation :lol:

Done in days now they're all back at work as the Tory scum stopping them from doing their jobs are finally gone.

Labour need the money and I think they'll bang this one through asap before others can put a challenge of merit up.

Contrary to them saying it won’t be till ‘25?

Does anyone seriously think this will raise any money.

Labour Envy Tax 1. I wonder what else is coming….

Changes to inheritance tax and CGT incoming

[DonkeyApple]

Vixpy1 said:

Rob 131 Sport said:

Louis Balfour said:

DonkeyApple said:

Vixpy1 said:

Wait until the civil service gets hold of the legislation :lol:

Done in days now they're all back at work as the Tory scum stopping them from doing their jobs are finally gone.

Labour need the money and I think they'll bang this one through asap before others can put a challenge of merit up.

Contrary to them saying it won’t be till ‘25?

Does anyone seriously think this will raise any money.

Labour Envy Tax 1. I wonder what else is coming….

Changes to inheritance tax and CGT incoming

I suspect the first wealth taxes will be the ones that can be rebranded as environmental taxes. So my guess would be council tax rebanding, ending VAT discount on utilities above a base consumption level, a raid on pensions via some form of enforced investment in British Energy etc.

[ClaphamGT3]

I think that we can also expect to see some form of annualised wealth tax on any residential property with a value over £1m

[DonkeyApple]

ClaphamGT3 said:

I think that we can also expect to see some form of annualised wealth tax on any residential property with a value over £1m

That's why I think they'll do a rebanding of F and above. G is a pretty big catch all but everyone inside a G banded property is evil, planet killing scum that only elevated taxation can defend the masses from. That would allow for an extra 0.5-1% annual tax to be levied in the name of the environment. It would also heavily target the SE where the most terrible of people reside.

To be honest the bands do need reworking as G&H are pretty nonsensical after the massive property asset ramp of the turn of the century but it's an ideal opportunity to get some proper wealth taxation in there.

[FishAndChips]

At least they have now pledged to use the money raised from charging VAT on private schools to pay for these 6.5k extra teachers. Can't argue with that.

[Swervin_Mervin]

FishAndChips said:

At least they have now pledged to use the money raised from charging VAT on private schools to pay for these 6.5k extra teachers. Can't argue with that.

When they can't retain the ones they have how do you go about securing 6.5k extra?

[McGee_22]

Swervin_Mervin said:

FishAndChips said:

At least they have now pledged to use the money raised from charging VAT on private schools to pay for these 6.5k extra teachers. Can't argue with that.

When they can't retain the ones they have how do you go about securing 6.5k extra?

When more state school places are needed because parents can’t afford the extra fees they’ll need even more teachers which means even more money needed, but the money will reduce as the pupils move from private to state schools and the tax take goes down as the private schools start to shut because there aren’t enough pupils because the costs increased too much.

[brickwall]

DonkeyApple said:

ClaphamGT3 said:

I think that we can also expect to see some form of annualised wealth tax on any residential property with a value over £1m

That's why I think they'll do a rebanding of F and above. G is a pretty big catch all but everyone inside a G banded property is evil, planet killing scum that only elevated taxation can defend the masses from. That would allow for an extra 0.5-1% annual tax to be levied in the name of the environment. It would also heavily target the SE where the most terrible of people reside.

To be honest the bands do need reworking as G&H are pretty nonsensical after the massive property asset ramp of the turn of the century but it's an ideal opportunity to get some proper wealth taxation in there.

The question is whether they do a simple rebanding, or (more likely) some kind of proportional payment structure of anything >£1m.

The simple method would be existing council tax (proceeds going to council) then a ‘super tax” of say 1-2% of value above £1m with the proceeds going straight to HMT. So if you live in a £5M house in Westminster, you’re about to get a big bill.

[GT03ROB]

brickwall said:

The simple method would be existing council tax (proceeds going to council) then a ‘super tax” of say 1-2% of value above £1m with the proceeds going straight to HMT. So if you live in a £5M house in Westminster, you’re about to get a big bill.

There will be working people in £1m houses, earning less than 100k & where are they going to find £20k from to pay that?