The clickbait headlines are gone mad lately. SARP is a tax relief available for regular employees, not just executives. It is our version of the 30% Netherlands expat relief and the 24% Spanish one (the one David Beckham was famously eligible for). It includes the potential for a company to pay up to 5k towards school fees for an employees children without it being considered a taxable benefit.
Does this expert group ever consider the broader impact of these things beyond the cost of these measures per year? It’s a taxation tactic that lots of countries use to lure in highly skilled people and foreign executives to live in their countries, and is far more nuanced then some giveaway that rags like the Indo sell as ragebait.
I would put it out there that the 42m quid it costs the state is offset by the investment that these peoples employers bring into the state for having them here.
I’m 22, I’ve just graduated a 4 year degree, went to public school (deis, if that matters).
About half my friends went to private school.
They difference in “points” was a good bit.
But in the end the they all went to similar courses. In the same place, school was irrelevant.
Sure the parents have a right to send their kids to school for 45k, but fuck tax breaks.
3 comments
The clickbait headlines are gone mad lately. SARP is a tax relief available for regular employees, not just executives. It is our version of the 30% Netherlands expat relief and the 24% Spanish one (the one David Beckham was famously eligible for). It includes the potential for a company to pay up to 5k towards school fees for an employees children without it being considered a taxable benefit.
Does this expert group ever consider the broader impact of these things beyond the cost of these measures per year? It’s a taxation tactic that lots of countries use to lure in highly skilled people and foreign executives to live in their countries, and is far more nuanced then some giveaway that rags like the Indo sell as ragebait.
I would put it out there that the 42m quid it costs the state is offset by the investment that these peoples employers bring into the state for having them here.
I’m 22, I’ve just graduated a 4 year degree, went to public school (deis, if that matters).
About half my friends went to private school.
They difference in “points” was a good bit.
But in the end the they all went to similar courses. In the same place, school was irrelevant.
Sure the parents have a right to send their kids to school for 45k, but fuck tax breaks.