close
close

Semainede4jours

Real-time news, timeless knowledge

Independent Banbury school ‘at risk of closure’ over VAT plan
bigrus

Independent Banbury school ‘at risk of closure’ over VAT plan

Claire, whose daughter studies at Carrdus, said she received the news “out of the blue” last Thursday evening.

“If I don’t have a school place for my daughter in the public system… I may have to quit my job because I work full time long hours and my daughter doesn’t have a school. place at school.”

In October, Chancellor Rachel Reeves confirmed that tax breaks for private schools would end from 2025.

As a result, Julie Lodrick, principal of Tudor Hall School, which owns the Carrdus school, said the school’s future was currently being reviewed.

He also referred to the government’s decision to “abolish charitable business rates relief (for independent schools) and increase employers’ national insurance contributions”.

He said these factors were “placing huge pressure on both the school’s finances and our families”, with some parents reporting to withdraw their children from school.

“…governors have concluded, with deep regret, that Carrdus School will likely close at the end of the spring 2025 term unless a buyer for the school can be found,” he added.