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Bottom Line podcast: Royal Grammar School Newcastle, Sevenoaks and GDST on private school business models and the impact of VAT
Monday, 22 July 2024
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Private schools in the UK are mostly registered as charities – but they are also businesses – businesses in the sense that they sell a service to paying customers.
They’ve recently been in the news because the new government has said it will remove their exemption from VAT. In this episode we take a look at the business of private education: how it works, how much money is made and what will happen when exemption from VAT is removed from school fees. Listen now... |