European embassies in London are lobbying the UK government to exempt international schools from the upcoming 20% VAT charge on private education, set to take effect in January 2025. Concerns have been raised that this tax change could make pupil fees unaffordable for many UK-based employees of European countries, potentially straining diplomatic ties. Some schools, like the Instituto Español Vicente Cañada Blanch, funded by the Kingdom of Spain, may face challenges with fees, while French and German schools partially funded by their governments are also affected, sparking discussions with UK authorities.
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Despite varying investor goals and risk tolerances, Netflix (NASDAQ: NFLX) stands out as a compelling growth stock, showcasing strong long-term prospects. The company reported a 15.9% year-over-year revenue increase to $11.1 billion and a 47% growth in earnings per share to $7.19, alongside an impressive 87% rise in free cash flow. Want More Context? 🔎
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