The government will soon be closing what it describes as tax loopholes for private schools, to benefit of state-funded schools. The move was one of the Labour party’s key education pledges before its July election win . At the moment, private schools don’t have to pay the standard 20% VAT - or value added tax - on fees they charge, and those that operate as charities are eligible for an 80% discount on the rates they pay on their premises. What do locals think?
