Saturday, September 29

Private schools may lose charity tax-break

As they should. See my previous post on this. Just because they are providing education does not mean that they deserve to be called as a charity. Now if they were providing education on a free basis and require government funding or actual charity or are really making a charitable contribution then yes, I can see them being called as a charity and getting tax exceptions. But when all they are doing is to run a business, with hiking their fees, etc. etc. then its a business and not a charity at all.

So this news is welcome. I quote:

Under legislation coming into force in the new year, all charities must justify their existence by proving to the Charity Commission that they make a contribution to the community.

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