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The Blast UK > Blog > Adverts of the Daily Blast > Thursday 29 Tishre – Budget 2024 Jewish Schools will be Charged VAT, and they will lose the charity status
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Thursday 29 Tishre – Budget 2024 Jewish Schools will be Charged VAT, and they will lose the charity status

YS
Last updated: 2024/10/31 at 7:18 AM
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British News 
Budget 2024 Jewish Schools will be Charged VAT, and they will lose the charity status
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Starting January 1, 2025, private school fees for education and vocational training will no longer be exempt from VAT, and will be subject to the standard 20% rate. This change also includes certain prepayments made after July 29, 2024.

Jewish private schools will be particularly affected as they will need to ask for VAT from financially struggling parents, and will have to cover the building business rates as well.


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Chancellor raises taxes to one of the largest ever
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Tax Increases: The budget includes significant tax rises, raising an additional £40 billion1
. National insurance contributions for employers will increase by 1.2 percentage points to 15% from April 2025

Minimum Wage: The minimum wage will rise by 6.7% to £12.21 an hour for those aged 21 and over, and by 16.3% to £10 an hour for workers aged 18 to 20

Healthcare: The NHS will receive an additional £22.6 billion for day-to-day operations and £3.1 billion for capital investments, facilitating 40,000 extra hospital appointments and procedures weekly

Social Care: Local government will receive at least £600 million for social care1

Housing: An investment of £5 billion will increase the affordable homes programme budget to £3.1 billion

Busiess Rates Relief: Business rates relief for retail, leisure, and hospitality businesses will decrease from 75% to 45%

Inheritance Tax: The freeze on inheritance tax will continue until 2030

Universal Credit: A new fair repayment rate will allow Universal Credit claimants who have been overpaid to repay only 15% of their allowance each month, benefiting around 1.2 million households


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World News 
Russia ‘fines Google $20,000,000,000,000,000, -000,000,000,000,000,000’ – more than all the money in the world
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Google has been fined a staggering 20 decillion dollars by a Russian court – more than all the money in the world, according to reports.

The tech giant is facing claims from 17 Russian TV channels after banning their accounts on YouTube, which it owns, as a result of international sanctions.

Pro-Kremlin channels involved in the case reportedly include Russia 1 and the platform belonging to Russia Today presenter and Putin mouthpiece Margarita Simonyan.
A Moscow judge described the legal battle as ‘a case in which there are many, many zeros’, according to news outlet RBC.

The broadcaster reports that the amount of the fine has doubled every week since 2020, and is now up to the equivalent of $20,000,000,000,000,000,000,000,000,000,000,000.
Google’s recently released interim report for the third quarter shows its total revenue is 88.2 billion dollars – a long way off even thinking about paying the extortionate sum. The penalty also eclipses Google’s $2-trillion market value by a long chalk.

Meanwhile the World Bank estimates the size of the global economy to be around 100 trillion dollars, or 100 followed by 12 zeros.

That figure is at least 20 zeros too little to reach the astronomical Russian fine.

Google closed down its Russian division in 2022 following Vladimir Putin’s illegal invasion of Ukraine.

Its Russian subsidiary, Google LLC, declared bankruptcy, but many of its services including its search engine and YouTube have remained accessible to Russians.

While the Kremlin has banned some platforms including Twitter and Facebook, it has so far stopped short of blocking access to Google’s services.

Google has continued to face pressure however for both failing to delete content Moscow deems illegal and restricting access to some Russian media on YouTube.

The video streaming site has banned a number of pro-Moscow pages, including propaganda channel Tsargrad TV, owned by oligarch Konstantin Malofeev, four years ago.


Israel News 
Israel Airports Authority (IAA) has announced that Terminal 1 at Ben Gurion airport will close this Friday until the end of March 2025.
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Israel Airports Authority (IAA) has announced that Terminal 1 at Ben Gurion airport will close this Friday until the end of March 2025. All international flights will use Terminal 3 throughout the winter although domestic flights to Eilat will continue to use Terminal 1.

The closure comes after the three major foreign low-cost carriers flying to Israel have announced Israel flight cancellations for extended periods. Wizz Air has canceled all flights to Israel until January 2025, and both Ryanair and easyJet until March 2025.


Hezbollah agrees to withdraw beyond Litani, Iran’s response to be ‘definitive and painful’
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A leaked draft of a potential ceasefire between Israel and Lebanon, broadcast by Israel’s Kan on October 30, has sparked cautious optimism. The draft outlines a 60-day cessation of hostilities, with Israeli forces withdrawing within the first week. Lebanon’s caretaker Prime Minister Najib Mikati expressed hope for a ceasefire, following discussions with US envoy Amos Hochstein.

However, the White House cautioned that the draft does not reflect the current state of negotiations. Hezbollah’s new leader, Naim Qassem, stated that any ceasefire must meet their conditions.


IDF Airstrikes Target Hezbollah Command Centers in Lebanon
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The IDF confirmed that earlier today, under IDF intelligence guidance, the Israeli Air Force (IAF) launched airstrikes against Hezbollah command and control centers and other terrorist infrastructure located in Baalbek, in northern Lebanon, and Nabatieh, in the south.

According to the IDF, Hezbollah has routinely used civilian areas throughout Lebanon to orchestrate and carry out terrorist operations, posing a risk to Lebanese civilians by embedding its infrastructure in populated regions.

To minimize civilian risk, the IDF reported taking numerous precautionary measures before the strikes, including issuing advance warnings across multiple communication channels to alert residents in the targeted areas.


Return of Hostages Now Top Mission for IDF in Gaza, Declares Gallant
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The return of the 101 hostages still being held by Hamas has become the “most important mission” for Israel Defense Forces in Gaza, Israeli Defense Minister Yoav Gallant stated on Wednesday during a visit to the site where Hamas senior leader Yahya Sinwar was killed two weeks ago.

The IDF will continue to put “as much pressure on Hamas as possible in order to create the conditions necessary to ensure the return of the hostages,” Gallant told troops, according to a readout from his office.

“The political echelon must do what is necessary to bring about a deal. You must apply military pressure and do what is necessary to create the conditions required for us to carry out an agreement. This is our most important mission in Gaza at this time,” said the defense minister.

“Do what is necessary, and we will bring about an agreement because you created the conditions for us to carry it out, and I hope that we will do it,” he added, stressing that “routine tasks” remain, including the defense of the border and maintaining the IDF’s freedom of operation.

“In any place where Hamas rears its head, it meets the IDF—whether in Rafah, Khan Yunis or Jabalia—wherever Hamas rises, it is taken down,” Gallant said, telling soldiers that their actions “led to the conditions that ultimately caused Sinwar to make a mistake” that led to his death.

The Israeli government’s stated war aims for the Gaza Strip include the destruction of Hamas as a military and governing force, ensuring that it can no longer threaten the Jewish state, and securing the return of all hostages taken by Hamas during its border infiltration and massacre in southern Irsael on Oct. 7, 2023


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