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Labour Plans to Impose VAT on Private School Fees, Raising £1.7 Billion for State Schools

  • 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.

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