Private schools could lose building fund tax perks

Some of the nation’s wealthiest private schools could lose their ability to raise multimillion-dollar building funds as part of mooted changes to tax deductibility rules for charitable donations.

Schools including Sydney’s Shore, Kambala and SCEGGS Darlinghurst, as well as Scotch, Xavier and Wesley in Melbourne, would be among the losers from Productivity Commission recommendations for changes to exclude some education-related activities from deductible gift recipient rules.