John Simkin Posted September 29, 2004 Share Posted September 29, 2004 According to a report published this week, independent schools should be forced to spand as much on helping needy children as they gain in tax breaks if they are to keep their status as charities. The report by MPs and peers point out that tax concessions to which independent schools are entitled as charities saves them more than £88m a year. The law currently assumes that fee-paying schools are charitable in nature because they are committed to the "advancement of education". The proposed Charities bill would replace this assumption with a "public benefit" test. Link to comment Share on other sites More sharing options...
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