From January 2025, independent and private school fees will be subject to VAT, in a significant shift that will impact both families and schools alike. Contrary to the public misconception of private education, many independent and private schools are small, charitable institutions without a huge budget or a particularly wealthy student-parent demographic, so as schools prepare to internalise this change, finding cost-effective and manageable solutions to reduce financial strain is more critical than ever.
The VAT change also comes at a difficult time for many independent schools, where technology is changing the face of education and increasing the demand for more devices and software to be used at school and at home. Unlike state schools, technology purchases made by independent schools are also subject to VAT, increasing the burden of investment and making it more difficult to keep up with the latest technologies.
Our Easy4u rental model gives your school an adaptable and VAT-efficient alternative if you are looking for a way to navigate these challenges while continuing to deliver high quality modern education.
1. Cost efficiency: renting your devices from an external provider, such as Easy4u, removes the upfront capital expense and cost burden associated with purchasing and maintaining laptops and devices, and allows your school to spread its expenses over time. This can help you offset the financial impact of VAT on school fees and expenses by reducing your operational overheads in other areas.
2. Leasing vs Easy4u rental service: there are several leasing solutions available for independent and state schools. However, technology leasing often involves interest charges and credit checks for parents that can increase costs for families and complexity for schools. Our Easy4u bespoke rental model gives you a far more cost-effective and transparent alternative to leasing. With no interest charges or credit checks required for parents, our rental model guarantees affordability and accessibility for all pupils, while helping your school to manage its costs more effectively. With Easy4u, your school can continue to provide essential resources for its students without the financial strain associated with traditional leasing.
3. Flexible payment plans: our rental model provides a range of flexible payment plans and purchases, making it easier for families to access the devices they need for their children without additional financial pressure – even as their school fees increase.
4. Preserving financial health: our rental model enables your school to maintain a robust offering of digital technologies and solutions without absorbing the full cost of purchasing these devices from your budget.
Easy4u has been a trusted partner to both independent and state-funded schools for over 18 years, specialising in cost-effective technology, devices, and laptop rental programmes tailored to the educational sector. With the new VAT charges being imposed on independent and private schools, we offer a flexible solution to address both institutional and family concerns over technology access. These include:
By proactively adopting a rental solution for your school devices and laptops, you can help safeguard your financial security and continue providing leading-edge learning technologies without passing unnecessary costs onto your pupils’ families. Easy4u is here to support independent and private schools during this difficult shift, offering an innovative solution that can help ease the burden of VAT changes while enhancing the educational experience for your teachers, pupils, and their families.
If you would like to find out more or arrange a free demo of our service, please contact Easy4u today by clicking here.
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