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Ways to avoid private school fee VAT

433 replies

tiantian1005 · 28/05/2024 14:07

Hi, not looking for a political debate but has this been discussed on how this can be avoided or recovered as in i am sure there is a workaround. Can we pay the school fee via a limited company then claim back VAT or at least claim as expense or can we do this via a trust fund/

OP posts:
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suburburban · 28/05/2024 20:17

It may make it worse when the schools are over subscribed all of a sudden

Thingscanonlygetsunk · 28/05/2024 20:18

SushiAndRamen · 28/05/2024 20:17

SushiAndRamen
Mrs Sunak is that you?

"Worry not, we are moving to California in the summer"

Ah fuck em all then eh? @Thingscanonlygetsunk

Spot on, just got to get this beastly performance with Rish! flying all over the place done for the next 6 weeks and then we can go back to living a normal life.

Zimunya · 28/05/2024 20:19

mitogoshi · 28/05/2024 14:22

Here's a crafty idea that saves you not only the cat but the entire fees ... send your child to a state school like 93% of the population. That sound of tiny violins is really annoying!

But she would also have to buy a house in the catchment area of a good school, which is also what a good proportion of the 99% do.

Darhon · 28/05/2024 20:21

suburburban · 28/05/2024 15:53

My argument is that it will make it harder for pupils whose parents who could never afford private school to now be in competition with all the ex PS dc and ramp up competition in good state schools

Assuming the private school students are all top performing and not performing better due to smaller class sizes and more teaching intervention, so they will immediately go into a state and be competition? What a strange assumption to make. And for clarity, most if the U.K. has comprehensives anyway!

TimeWheel · 28/05/2024 20:22

No idea if there will be a legal workaround OP. I doubt it.

We own properties in a school catchment that’s likely to go up in value if this policy is introduced, so we’ll be putting rents up to cover the difference. It’ll price some out of the catchment that would previously afford it, possibly including our tenants, but the alternative is to pull our child out of their school which I’m not willing to do.

suburburban · 28/05/2024 20:23

Perhaps their dps wont be able to pay the fees or y6 dps will want places at comps as they can't afford the fees so more competition for the good state schools.

They can move to a sought after catchment area instead of paying fees plus VAT?

All theoretical of course but it could happen

Persephonegoddess · 28/05/2024 20:40

The 20% at our school would be £5400 so c£450 a month, a lot more than our other bill increases!

TeenLifeMum · 28/05/2024 20:42

Typical rich person hunting for tax avoidance schemes 🙄 and they say people on benefits are the scroungers in our society.

notanothernana · 28/05/2024 20:43

TeenLifeMum · 28/05/2024 20:42

Typical rich person hunting for tax avoidance schemes 🙄 and they say people on benefits are the scroungers in our society.

👏👏👏👏👏👏👏👏👏👏

TeenLifeMum · 28/05/2024 20:43

Persephonegoddess · 28/05/2024 20:40

The 20% at our school would be £5400 so c£450 a month, a lot more than our other bill increases!

Less than my monthly mortgage increase.

Iwasafool · 28/05/2024 20:48

suburburban · 28/05/2024 15:53

My argument is that it will make it harder for pupils whose parents who could never afford private school to now be in competition with all the ex PS dc and ramp up competition in good state schools

Well they aren't going to throw children out who are already at the school to make room for children from private schools. Going forward no one is guaranteed a place at any school so it won't make much difference.

FlabMonsterIsDietingAgain · 28/05/2024 20:49

Private schools should find ways to reduce their costs by 20% so they can cover the VAT without increasing fees. Maybe they could have a tiered approach.

Those parents who want the private school class sizes and better educational tools without the fee increase can get the silver package which includes no extra- curriculars. Those that want all the bells and whistles get the gold package which includes the networking events, after school clubs, extra trips/outings etc

CrispsForTheCrispy · 28/05/2024 20:53

@tiantian1005 perhaps you should spend the money on holidays instead rather than use your own money to pay school fees for your own children? Or what about you find a way to get some benefits instead from the government? Seems that would be a lot more acceptable. Sorry, nothing helpful to add but I hope you find a way to pay the extra if it becomes necessary

Delawear · 28/05/2024 20:56

tiantian1005 · 28/05/2024 14:07

Hi, not looking for a political debate but has this been discussed on how this can be avoided or recovered as in i am sure there is a workaround. Can we pay the school fee via a limited company then claim back VAT or at least claim as expense or can we do this via a trust fund/

Put on your big girl pants and pay the VAT for goodness sake.

quantmum · 28/05/2024 20:58

suburburban · 28/05/2024 20:16

@SushiAndRamen

You don't know a thing about me.

Your terminology sounds like something out of dickens - come on

And the current rates of child poverty in the UK are Dickensian. PS parents trying to find a tax loophole is such a horrifically bad look - scroungers!

suburburban · 28/05/2024 21:00

Why are they scrounges though

They are paying school fees on taxed income?

Newuser75 · 28/05/2024 21:01

Moglet4 · 28/05/2024 20:12

Goodness, the sheer nastiness and spite of some of the comments on this thread is really sad to see.

I couldn't agree more!

DistinguishedSocialCommentator · 28/05/2024 21:01

get a bursary/soclalrship but I think its means tested as I recall someone at working talking about her DH siblins child getting one but the parents were decent earners so had to contribute most of the costs

quantmum · 28/05/2024 21:11

suburburban · 28/05/2024 21:00

Why are they scrounges though

They are paying school fees on taxed income?

This thread is about trying to avoid paying the new tax

Thingscanonlygetsunk · 28/05/2024 21:13

quantmum · 28/05/2024 21:11

This thread is about trying to avoid paying the new tax

I might have come up with the answer.

Inspired by my maiden aunt.

facelace · 28/05/2024 21:19

Jeezus fucking Christ! Does it just NEVER occur to you fucking toffs that ALL children deserve a decent school education, and that our aim in society should be to make ALL schools outstanding?!

WTAF 🤷🏻‍♀️

Yeah. But I literally care about my children the most. As should all good parents.

I'm not about to take opportunities away from my children because of an ideology.

facelace · 28/05/2024 21:20

Persephonegoddess · 28/05/2024 20:40

The 20% at our school would be £5400 so c£450 a month, a lot more than our other bill increases!

It won't be the whole 20%. School fees are made up of lots of different charges. Some will still be exempt.

Ozanj · 28/05/2024 21:22

Iwasafool · 28/05/2024 20:48

Well they aren't going to throw children out who are already at the school to make room for children from private schools. Going forward no one is guaranteed a place at any school so it won't make much difference.

In my area private school pupils often get their pick of any state school in the county — address based catchments don’t apply.

suburburban · 28/05/2024 21:24

@quantmum

Yes fair enough. I don't agree with tax avoidance 😀

sleepyscientist · 28/05/2024 21:29

FlabMonsterIsDietingAgain · 28/05/2024 20:49

Private schools should find ways to reduce their costs by 20% so they can cover the VAT without increasing fees. Maybe they could have a tiered approach.

Those parents who want the private school class sizes and better educational tools without the fee increase can get the silver package which includes no extra- curriculars. Those that want all the bells and whistles get the gold package which includes the networking events, after school clubs, extra trips/outings etc

Easier option if the school trust the parents, fees become 1k a year. The rest of the fee is a suggested donation to the school.