Fee‑paying schools ‘save billions for the taxpayer’
Posted: Fri Apr 26, 2019 2:26 pm
The schools bring economic benefits and taxpayer savings totalling more than £20 billion a year by educating pupils who would otherwise need state places and by providing employment, community facilities and tax contributions, an analysis for the Independent Schools Council (ISC) has found.
Oxford Economics found that private schools saved the taxpayer £3.5 billion last year because children were not taking up state school places. In addition they and their suppliers paid £4.1 billion in tax.
Their gross domestic product, the value of the work they supported across the economy through their spending, was £13.7 billion. They also supported 302,000 jobs, more than the city of Liverpool, the analysis claimed.
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Oxford Economics found that private schools saved the taxpayer £3.5 billion last year because children were not taking up state school places. In addition they and their suppliers paid £4.1 billion in tax.
Their gross domestic product, the value of the work they supported across the economy through their spending, was £13.7 billion. They also supported 302,000 jobs, more than the city of Liverpool, the analysis claimed.
https://www.thetimes.co.uk/edition/news ... -c8xzkf9ph" onclick="window.open(this.href);return false;