Does the maths actually add up, though?

If private schools are charging VAT, presumably they're also going to be able to recover VAT on their costs (which they couldn't previously). No idea what their cost base looks like and how much is subject to VAT, but it means it's already less than 20% on fees that is being generated.

Then that's reduced for every kid that would have gone, but now won't.

And then there's the possibility that a few private schools go to the wall. One went in this area last year, it's not as if all private schools are sloshing in cash. It might only take a reduction by 3 or 4 kids per intake to f**k plenty of the smaller ones.

I don't have a problem with the policy, just not sure the maths will add up to a windfall.

Posted By: SimonOTBC on July 17th 2024 at 12:35:37

Message Thread

British Rail is back (General Chat) - jamesward, Jul 17, 11:49:57
- WTF does government know about running a train service (General Chat) - ghostof barry butler, Jul 17, 13:17:56
  - They don't need to, bring in people who do. (n/m) (General Chat) - canary_wharf, Jul 17, 16:16:10
  - the people currently running them do (General Chat) - CWC, Jul 17, 15:46:09
  - Recently spent some time in and around Madrid, trains and Metro were superb (General Chat) - BSE Canary, Jul 17, 14:19:12
    - That's probably because UK train users have been subsiding the services (n/m) (General Chat) - wayne, Jul 17, 14:31:44
  - hmmm... maybe one of these could provide the answer (General Chat) - Pixelman, Jul 17, 14:00:49
  - Investment lol (General Chat) - JimmyHoldem, Jul 17, 14:00:07
  - dunno, ask France (n/m) (General Chat) - jamesward, Jul 17, 13:32:37
    - in 2022 (General Chat) - ghostof barry butler, Jul 17, 13:57:01
      - Now do Switzerland... (General Chat) - Pixelman, Jul 17, 14:02:31
      - And in the UK? (n/m) (General Chat) - jamesward, Jul 17, 13:58:29
- For my 60th I’m going to drive a Deltic (n/m) (General Chat) - Augustus Pablo, Jul 17, 13:08:53
  - Give it a good thrash (n/m) (General Chat) - SimonOTBC, Jul 17, 15:22:43
- The trouble with public transportation is you have to... (General Chat) - usacanary, Jul 17, 12:57:03
  - One of the reasons I wouldn’t go on a cruise (n/m) (General Chat) - Augustus Pablo, Jul 17, 13:08:02
    - I guess you don't know how I roll. (General Chat) - usacanary, Jul 17, 14:00:21
    - lol (n/m) (General Chat) - littletinyphil, Jul 17, 13:26:04
- Tram running the length of dereham road into the city running every 12 minutes please (General Chat) - littletinyphil, Jul 17, 12:41:22
- This is the age of the train (n/m) (General Chat) - Old Git, Jul 17, 11:54:56
  - 2 seconds unlucky! (n/m) (General Chat) - BSE Canary, Jul 17, 11:55:50
  - Ww2 (n/m) (General Chat) - SCC 28, Jul 17, 11:55:29
    - Wonder who the poster person will be this time? (n/m) (General Chat) - BSE Canary, Jul 17, 11:59:00
      - Eddie Izzard. (n/m) (General Chat) - protheroe fitzgibbon, Jul 17, 12:07:48
- This is the age.....of the train (n/m) (General Chat) - BSE Canary, Jul 17, 11:54:54
  - FFS (n/m) (General Chat) - Old Git, Jul 17, 12:13:21
- maybe we can have the two ronnies back too! (n/m) (General Chat) - paulg, Jul 17, 11:53:36
  - They did the classic British Rail tea joke... (General Chat) - usacanary, Jul 17, 12:52:29
  - That'd be ace (n/m) (General Chat) - jamesward, Jul 17, 11:54:57
    - Yes, Texan & Aztec bars, Cresta and a 3-day week (n/m) (General Chat) - BSE Canary, Jul 17, 11:59:52
      - Relaunch the Mini Metro (n/m) (General Chat) - jamesward, Jul 17, 12:00:59
- and taxing private school fees (General Chat) - jamesward, Jul 17, 11:52:56
  - There are AT LEAST five King Ed alumni on this board (General Chat) - Henclrikus, Jul 17, 16:26:10
    - Kes? Old Lenensians? (n/m) (General Chat) - protheroe fitzgibbon, Jul 17, 20:49:37
  - I didn’t go to private school and nor do my kids (General Chat) - JoeyDeacon, Jul 17, 12:08:10
    - Why should they treated like charities? (General Chat) - Ulf jr, Jul 17, 21:35:51
    - IFS (General Chat) - Snakepit Divorcee, Jul 17, 13:39:45
      - Good read, thanks (General Chat) - Old Git, Jul 17, 14:40:35
        
        Indeed. Time will tell. (n/m) (General Chat) - Snakepit Divorcee, Jul 17, 14:43:22
    - The independent study suggests a net loss of about £1.5bn for the gov (n/m) (General Chat) - Tony Martin, Jul 17, 13:24:40
      - lol. The amount of shite put out by the right about this is amazing (General Chat) - Bertie Russell, Jul 17, 13:56:27
      - A study by a body representing independent schools. (General Chat) - Snakepit Divorcee, Jul 17, 13:25:44
    - Very few will leave the independent sector. (General Chat) - Snakepit Divorcee, Jul 17, 13:24:12
    - But how price inelastic are the typical Private School parents? (General Chat) - CWC, Jul 17, 12:23:45
      - Loads have pulled out of private school it’s why many are going bust (n/m) (General Chat) - Tony Martin, Jul 17, 13:25:25
        
        Nope. (General Chat) - Snakepit Divorcee, Jul 17, 16:34:57
      - Lots will (General Chat) - Old Git, Jul 17, 12:31:56
        
        This ^^^ is hilarious (General Chat) - Bertie Russell, Jul 17, 13:58:39
        
        Simple solution, ban private schools and force the rich to invest in state schools (General Chat) - Cable Gap Pioneer, Jul 17, 16:34:32
      - That's not entirely true... (General Chat) - SimonOTBC, Jul 17, 12:30:41
        
        £12k a year for two kids of the average family (General Chat) - jamesward, Jul 17, 15:57:47
        
        No wealthier than all those paying for two kids at pre school (General Chat) - SimonOTBC, Jul 17, 19:16:13
    - You missed the bit that said it would pay for 6,500 more teachers (General Chat) - jamesward, Jul 17, 12:11:01
      - Well we will see if this happens as usual with politicians promises (General Chat) - JoeyDeacon, Jul 17, 12:39:12
      - Does the maths actually add up, though? (General Chat) - SimonOTBC, Jul 17, 12:35:37
      - VMY (n/m) (General Chat) - SCC 28, Jul 17, 12:25:27
      - that's an altogether completely wrong thing to think, but (General Chat) - paulg, Jul 17, 12:21:18
      - 615,000 children being privately educated in the UK (General Chat) - Old Git, Jul 17, 12:19:20
        
        Oh I hadn't seen this post. It's up to half of them leaving now is it? (General Chat) - Bertie Russell, Jul 17, 14:00:09
        
        Half of them are not going to leave (General Chat) - CWC, Jul 17, 12:27:00
        
        A lot are going to leave the 8-13 schools (n/m) (General Chat) - Old Git, Jul 17, 12:49:05
        
        The impact will be felt over time with fewer putting their kids into private school (General Chat) - SimonOTBC, Jul 17, 12:44:24
        
        ...which is one of the points of the policy... (n/m) (General Chat) - CWC, Jul 17, 15:43:19
        
        Check mate Starmer (n/m) (General Chat) - SCC 28, Jul 17, 12:28:09
        
        I very much doubt half of them will leave (n/m) (General Chat) - jamesward, Jul 17, 12:21:37
  - Well done Starmer. (n/m) (General Chat) - protheroe fitzgibbon, Jul 17, 11:53:35

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