When will VAT get added to private school fees? | More details on VAT charge on private school fees
More details have been published regarding Chancellor Rachel Reeves' plans to impose a VAT charge on private school fees. The government has said that the money raised by ending the tax breaks on VAT and business rates for private schools will help secure additional funding for state education programs.
Pensions Costs
The recently announced proposed increase in Teachers’ Pensions Scheme (TPS) employer contributions from 1 September 2019, has shocked the academy sector. Treasury indications predict a rise to 23.6% - an increase of over 40%. Most schools were expecting a 2% to 3%.
Pensions Costs
The recently announced proposed increase in Teachers’ Pensions Scheme (TPS) employer contributions from 1 September 2019, has shocked the academy sector. Treasury indications predict a rise to 23.6% - an increase of over 40%. Most schools were expecting a 2% to 3%.
New Academies Financial Handbook 2018
The new handbook came into effect on 1 September 2018. Although similar to the 2017 handbook, certain key items have been headlined at the front of the 2018 handbook as the “top ten musts” for chairs and trustees. These “musts” focus on three core functions of governance:
New Academies Financial Handbook 2018
The new handbook came into effect on 1 September 2018. Although similar to the 2017 handbook, certain key items have been headlined at the front of the 2018 handbook as the “top ten musts” for chairs and trustees. These “musts” focus on three core functions of governance:
New Academies Financial Handbook 2018
The new handbook came into effect on 1 September 2018. Although similar to the 2017 handbook, certain key items have been headlined at the front of the 2018 handbook as the “top ten musts” for chairs and trustees. These “musts” focus on three core functions of governance:
Annual Tax on Enveloped Dwellings (ATED)
ATED is an annual tax charge, mainly by companies, that own UK residential property valued at £500,000 or above.
Annual Tax on Enveloped Dwellings (ATED)
ATED is an annual tax charge, mainly by companies, that own UK residential property valued at £500,000 or above.