Independent schools want 'not-for-profit' status

By David Ainsworth, Third Sector, 26 March 2008

Independent schools should be taken off the charity register and moved into a newly created category of not-for-profit institutions, some schools have suggested.

During talks on the new public benefit guidance, some schools proposed a category that would be similar to charities but would have a different set of legal rules and tax requirements. "The idea that health and education trusts should be moved out of the charitable estate was explored," said Matthew...

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