
The Cyclist
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Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
For the Top 2 posters on the thread 😀😀 https://www.thetimes.com/uk/education/article/vat-on-private-schools-wont-raise-enough-to-hit-new-teacher-target-njmr58zzl Labour. Making a field of turnips, look like a field of MENSA members. As the poster above notes, the head turnips of Starmer, Reeves and the Minister for Education will be hoping that the Courts save them. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
Perhaps you should heed your own advice. It will save you getting upset when others give you answers that you do not want to hear, especially when it pertains to your off topic deflection and obfuscation. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
I dont need to provide you with anything. I just need to look around the world and identify where Socialism is leaving the rest of the world in in its wake as speeds off into Utopia. Perhaps you could help me identify such a Utopia ? -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
I'm very much pro choice, not dumbing down to the lowest common denominator. Which is a Socialist construct. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
Hiya Owen, sucks to be you. -
Avoid to pay tax
The Cyclist replied to Jack1988's topic in Jobs, Economy, Banking, Business, Investments
That is not really going to work. There are many that do not need to file a tax return due to DTA's. The whole reason I joined this forum last year was to try and establish if I needed to file a tax return on income that was only taxable in UK due to DTA. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
You think this is a personal attack ? The thread is called " Looming crisis in Private schools " Due to the VAT increase imposed by Labour. It is not about 14 years of Tory cuts Nor about 2010 funding Or anything to do with the Tories. And every time you bring up something to do with Tories, it makes you a complete wazzock, because all you are doing is trying to deflect, obfuscate and deny. And if you think that is a personal attack, You are Owen Jones and I claim my £5. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
By next week after the Christmas holidays 😀😀 We have a Party of Messiahs in power, dontcha know. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
If you want to be a complete wazzock, Perhaps if the financial crash of 2008 had not happened, funding might have been maintained since 2010. Or did you forget about that. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
You think it is only about SEND education ? A lot of it is about SEND facilities rather than the education. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
The term increased funding for State Schools. It increased funding for a minority of pupils and for teachers pay rises. This is not funding for State Schools. This is funding for 2 aspects of State education. I am not surprised that you cannot understand the difference. Actually, scrap that. I'm not. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
Well, to play devils advocate, if it was me, that is exactly what I would be doing and saving myself £24k a year. I wonder how many parents of SEND pupils will think the same way. After confirming that the local State School cannot provide. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
The only example I provided was where the Labour investment in State schools were going £1 Billion for SEND pupils £1.3 Billion for teacher pay rises. £2.3 Billion for next year. I see that as investment in 2 things connected to education. Not investment is State Schools. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
What will happen is the the LA's will have to send the SEND kids back to the school that their parents have just taken them out of. So a quick lesson for Rachel from Customer Services The funding for STATE school kids is £7000 a year. Mr & Mrs pay for their SEND kid to be educated at XXX school at a cost of £20k a year. Vat at 20% takes that to 24k a year which they cannot afford, so remove the child and off to state school you go. The State school does not have the resources to deal with the SEND kid, so the kid will get sent back to the school it has just left. The £4k Vat the Government thought they were getting is now gone. The LA now picks up the £24k a year school fees. No £4000 VAT take and a bill for £24k. Its brilliant, every parent of SEND pupils will be doing it 😀😀 -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
And as has been pointed out by at least 3 posters, the LA's will have to pay to send those SEND pupils back to the very same schools that the parents have just taken them out of due to the VAT raid. Which means less money to spend on Public Services. Another reason why the income raised by the VAT raid is neglible at best. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
You best tell the UK Government, the Treasury and the BOE then The Bond or guilt price dictates the cost of debt repayment, not interest rates. Despite pointing you in right direction, you felt a need to double down on your error. I can only assume that you are clueless or a paid Labour shill. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
Because according to Labour, the VAT is being imposed to fund State Schools. The reason it has not been ringfenced, is that they have no idea if it will raise any money. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
A goal that they will miss Just like the will miss the goal of 1.5 million new homes over the next 5 years. The answer will become clear between now and the start of the next years school year. Any projections / forecasts between those 2 points is nothing more than an opinion. Which means nothing. The proof in the pudding will be the final borrowing figures for financial year april 2025 - April 2025. Which is tracking towards £200 Billion. Interest rates have no bearing on the majority of UK government debt. The 10, 5 & 2 year gilt rates dictate the majority of UK Government debt servicing costs. Which is why I keep posting the 10 year gilt price. Which is used as the benchmark for calculating debt servicing costs. Perhaps less posting, more researching might be in order. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
This investment you mean ? https://schoolsweek.co.uk/labours-first-budget-after-the-dust-has-settled-heres-what-we-know/ We have a very different viewpoint on what investing in State Schools actually means. Perhaps you could explain what the extra £2.3 Billion allocated to education ( covering only 2 things ) is going to do for this ? Its from your favourite Guardian 😀😀 https://www.theguardian.com/uk-news/2024/dec/27/revealed-children-in-england-studying-in-unfit-school-buildings-crumbling-infrastructure It would appear that they have invested £1 Billion in a small segment of State School pupils and £1.3 Billion in pay rises. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
Labour and more specifically, it's leaders rarely do what is right. Here is your beloved Guardian https://www.theguardian.com/uk-news/2024/dec/31/senior-labour-figures-urged-tony-blair-to-delay-arrival-of-eu-citizens-in-uk And the damage that will be caused with this VAT raid is just 1 of the wrong decisions that the current Labour Party have undertaken. Likewise Raising employer NI contributions whilst lowering the NI threshold to £5000 Part time workers will be hitting the scrapheap starting next week and full time workers will start hitting the scrapheap from April. Lets not forget the £800 million a year in perpetuity for surrendering the Chagos Islands. Labour and the Tottenham Turnips mentalism at its finest. -
Avoid to pay tax
The Cyclist replied to Jack1988's topic in Jobs, Economy, Banking, Business, Investments
For someone who has frequently argued like a man possessed, this comment is hilarious. A Foreigner who earns no income in Thailand, and spends less than 179 days in a tax year in thailand, will never be an economic resident ( whatever 1 of them is ) or a tax resident. Now might be a good time to lay off certain substances.- 164 replies
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Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
The UCL, part funded by the EU, part funded by the Government Must be bang on the money and totally unbiased. -
Avoid to pay tax
The Cyclist replied to Jack1988's topic in Jobs, Economy, Banking, Business, Investments
That would depend on where the money comes from and what your Country - Thailand DTA says. You might have to get a TIN and declare it, even though you will have no tax to pay. -
Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
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Looming Crisis: Private Schools Face Closures Amid VAT Hike
The Cyclist replied to Social Media's topic in World News
Really ? Looking to recruit an additional 6500 Teachers, which apparently equates to 1 teacher for every 3 schools. That of course is ignoring the current levels of understaffing in schools. The high end of the estimate for pupils being taken out of private school is 90,000 by the end of the current Ecication year. A very large % of them are what are deemed SEND pupils, which State schools cannot accomodate, so councils will have to pay the fees to send tham back to the same school they have just left. Tell me again, when you look at all the component factors together, rather than individually, that it is not going to make much of a difference. Really ? We are on track to borrow close to £200 Billion in the current financial year. Borrowing even more to ensure that debt is serviced, does not seem like a good plan to me. In fact, it seems rather idiotic. The more the debt servicing costs rise, the less to spend on Public Services. Cannot have it both ways. I know, and I have just explained why you do not understand my point. The UK Government has a finite amount of money that it can raise in taxation. The more you borrow, the higher debt servicing costs rise, the less you have to spend on Public Services. The previous Labour Government got around this problem by doing 3 things. 1. Raiding Pension funds twice 2. Selling half the Gold Reserves. 3. PFI on steroids. Which will not be paid off until 2050. The current Labour Government do not have the first 2 of those options available to them. So any public expenditure either comes from PFI on steroids or a massive increase in borrowing.