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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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VAT on private schools

  • Entrepreneur slams No 10 wealth grab – despite getting taxpayer-backed loan

    Business

    The founder of a hot tub and plunge pool business has said he understood why “the masses” were leaving Britain and was accelerating plans to do so himself, despite his firm recently receiving a taxpayer-funded loan to fuel its international expansion. Rob Carlin, who runs Derbyshire-based spa company Superior Wellness, blamed a succession of punitive [...]

    Superior Wellnesses's Rob Carlin (left) with sales director Gareth Ward
  • Minister says only ‘average incomes’ up to £39k safe from Reeves’ tax hikes

    Politics

    A government minister has said that Labour will stick to its manifesto commitment not to raise personal taxes, at least for those on “average incomes” – earning up to £39,000.  Successive ministers over multiple days of media rounds have been caught in an increasingly tangled mess of definitions of what it means to be “wealthy”, [...]

    Industry figures have weighed in on rumoured cash ISA reforms
  • Top private school faces job cuts after Reeves’ tax grab

    Politics

    A prestigious private school has said it may be forced to make job cuts due to the Labour government’s removal of VAT exemption on school fees. Edinburgh-based Fettes College – where former Prime Minister Tony Blair is among alumni – has said the introduction of VAT on school fees contributed to the “difficult” decision to [...]

    Private school Fettes College was established in 1870. (Image Wikimedia Commons)
  • Private school VAT campaigners lose court challenge

    June 13, 2025

    A group of families with children at private schools have lost their High Court battle over the government’s decision to apply VAT on school fees, with a judge ruling it did not sufficiently infringe on pupils’ human rights. Campaigners had brought legal action against the Treasury, arguing that the change to private schools’ tax status [...]

  • Top private school warns Reeves’ ‘unwelcome’ tax hikes will cost millions

    May 13, 2025

    One of the top private schools in the UK is “taking stock” as it warns Chancellor Rachel Reeves’ tax hikes will cost it millions. Gresham’s School, whose former students include Sir James Dyson – who donated £35m in 2023 – added it will have to now take action to make sure it “does not become [...]

  • New data reveals VAT on school fees could hike costs by £75,000

    April 28, 2025

    The government’s policy of VAT on school fees would introduce a price hike in excess of £75,000 for families sending children to independent schools, according to new analysis by wealth manager Rathbones.  According to the data, the average cost of sending a child to an independent day school for the duration of their time at [...]

  • Private school VAT case dragged back into court

    April 14, 2025

    Parties involved in legal action over private schools fees have been recalled to court as government aims to make a report inadmissible.

  • ‘Fighting to overturn cruel tax’: Parties gear up for legal fight over private school fees

    March 21, 2025

    Three claimant groups gear up for a legal challenge of the government's VAT policy on private schools next month

  • City braces for inflation rebound

    February 17, 2025

    City analysts expect the headline rate of inflation to rise to 2.8 per cent, up from 2.5 per cent in December.

  • Starmer accused of ‘fudging the facts’ of his schooling by education expert

    February 1, 2025

    Sir Keir Starmer has faced accusations of “fudging the facts” about his education, from the founder of a social mobility charity. Sutton Trust founder Sir Peter Lampl, who went to the same school as the Prime Minister, Reigate Grammar, made the claim as he attacked the government’s plans to charge VAT on private school fees. [...]

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