Private
schools set to save £522m in tax
Private schools could receive tax rebates totalling £522m over the next five years as a result of their status as charities, according to a study of local council records.
Analysis of government data by CVS suggests that on 2,707 properties classified as private schools there would be a business rates bill of around £1.16bn over the next five years. It forecast that £634m of this would be paid, with £522m saved through the schools’ charitable status.
Private schools could receive tax rebates totalling £522m over the next five years as a result of their status as charities, according to a study of local council records.
Analysis of government data by CVS suggests that on 2,707 properties classified as private schools there would be a business rates bill of around £1.16bn over the next five years. It forecast that £634m of this would be paid, with £522m saved through the schools’ charitable status.
