[Politics] The Labour Government

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Bold Seagull

strong and stable with me, or...
Mar 18, 2010
30,464
Hove




seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,944
Crap Town
Looking forward to the budget , I expect CGT and IHT to be raised to a 50% rate to allow the child benefit cap being removed. Closing the loopholes on windfall tax for the oil and gas industries will bring in a few more billion for the treasury.
 




beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
36,015
Looking forward to the budget , I expect CGT and IHT to be raised to a 50% rate to allow the child benefit cap being removed. Closing the loopholes on windfall tax for the oil and gas industries will bring in a few more billion for the treasury.
any rise to CGT would make attacting investment more difficult. 50% would kill it. expecting something there because so much focus, maybe something like 10% increase.
 


Springal

Well-known member
Feb 12, 2005
24,785
GOSBTS








Bodian

Well-known member
May 3, 2012
14,262
Cumbria
The school can simply pass the VAT payments on to the parents - and therefore the school's financial situation won't change.

If the parents can't afford the extra VAT, then they can place their children elsewhere. Like a state school. Which is free.

That will then give them a load more disposable income to spend on other goods and services, boosting the local economy!
 






abc

Well-known member
Jan 6, 2007
1,390
Never good when a place of education no longer exists.

And I can foresee public schools having to stop taking scholarship pupils in, also a shame.

However, there is no real justification for the exemptions public schools receive. They should end.
Agree with all of this but my fear is the impact of thousands of pupils having to move into an already overstretched sector. No idea whether the Stoke case will prove to be a one off or the first of many though.

I read somewhere how many private schools are dependent on income from overseas pupils. It seems perverse that given we have a national shortage of teachers, many are not only teaching the privileged but the privileged from abroad. Perhaps a counter to my concern above is that more teachers will have to seek employment in the state sector if private schools close?
 






nicko31

Well-known member
Jan 7, 2010
18,574
Gods country fortnightly
Labour getting renewable energy plans back on track. Another step to removing us from the global market for fossil fuels.

A total of 131 contracts have been awarded to firms for projects which will generate 9.6 gigawatts (GWs) of renewable energy. That’s a lot power

 


Is it PotG?

Thrifty non-licker
Feb 20, 2017
25,455
Sussex by the Sea
The school can simply pass the VAT payments on to the parents - and therefore the school's financial situation won't change.

If the parents can't afford the extra VAT, then they can place their children elsewhere. Like a state school. Which is free.

That will then give them a load more disposable income to spend on other goods and services, boosting the local economy!
Indeed, although the bursaries to the less privileged will also be missed
 


Bodian

Well-known member
May 3, 2012
14,262
Cumbria
Maybe if they stopped buying Starbucks coffees, cancelled Netflix and ate less takeaways they would have loads money spare

I have fact checked that and it is incorrect.

Day fees per term - £2,446 to £3,250 https://www.isc.co.uk/schools/england/staffordshire/stoke-on-trent/st-josephs-preparatory-school/

Top rate = £9,750 per year

Additional VAT will therefore be = £1,950

Two parents.
Netflix - £5 a month - £60 a year
Takeaway meal a week, (average UK takeaway is £7.93), so for two parents - £824.72
Six cheapest Starbucks coffee (Latte) a week at £3.36 - £1048.32

£1933 a year.

Sorted.
 








Right Brain Ronnie

Well-known member
Feb 20, 2023
644
North of North
Day fees per term - £2,446 to £3,250 https://www.isc.co.uk/schools/england/staffordshire/stoke-on-trent/st-josephs-preparatory-school/

Top rate = £9,750 per year

Additional VAT will therefore be = £1,950

Two parents.
Netflix - £5 a month - £60 a year
Takeaway meal a week, (average UK takeaway is £7.93), so for two parents - £824.72
Six cheapest Starbucks coffee (Latte) a week at £3.36 - £1048.32

£1933 a year.

Sorted.
But that's not fact.
Do we know that they even have these luxuries, I bet they are all hard working families that put their kids before, fast food.
Can you imagine if they are not public sectors workers, they won't be get massively over inflated pay rises to cover the cost.

Never mind they will stretch the states school budget as they shoe horn them into schools far and wide as they are unlikely to get in one just around the corner.
Just think of the extra carbon they will be pumping out and all because labour want to hurt those who strive to achieve.

Where will this all end.☹️
 
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Bold Seagull

strong and stable with me, or...
Mar 18, 2010
30,464
Hove
But that's not fact.
Do we know that they even have these luxuries, I bet they are all hard working families that put their kids before, fast food.
Can you imagine if they are not public sectors workers, they won't be get massively over inflated pay rises to cover the cost.

Never mind they will stretch the states school budget as they shoe horn them into schools far and wide as they are unlikely to get in one just around the corner.
Just think of the extra carbon they will be pumping out and all because labour want to hurt those who strive to achieve.

Where will this all end.☹️
Are you seriously hand wringing over the affordability of a private prep school?

Where will it end - hopefully equality of education and opportunity for all would be nice.
 


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