- Labour plans to add VAT to private school fees within a year if it wins the next election
- The party does not plan to phase in the VAT fee over several academic years
- Labour believes this move will raise £1.7 billion for state schools
- Education Secretary Gillian Keegan warns that this could lead to the closure of some private schools and put pressure on the state sector
- Tory MP Nicola Richards criticizes the move as a “tax on aspiration”
- Labour defends its focus on improving standards in state schools
Source: thesun.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- UK Considers VAT Cut on Domestic Fuel: Targeted Relief or Broad Measure?
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
