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Old 07-04-2017, 06:07 AM #11
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Former education secretary Michael Gove has slammed independent schools for serving the offspring of the world’s global elite, while using their charitable status to avoid paying taxes in the manner of other private firms.

In a column written for The Times, entitled “Put VAT on school fees and soak the rich”, Mr Gove criticises the current system for still considering the education of the children of “plutocrats and oligarchs” to be a charitable activity. He argues that removing the tax advantages of private schools would boost standards in the state sector and raise vital extra funds.

“Private school fees are VAT-exempt. That tax advantage allows the wealthiest in this country, indeed the very wealthiest in the globe, to buy a prestige service that secures their children a permanent positional edge in society at an effective 20 per cent discount,” Mr Gove wrote.



http://www.independent.co.uk/news/bu...-a7597126.html
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