VATupdate
United Kingdom

Share this post on

VAT on Independent School Fees Sparks Migration Concerns in House of Lords

  • House of Lords held debates on VAT on independent school fees
  • Concerns raised about potential migration of students to state schools
  • Conservative peer believes policy will lead to job cuts in schools
  • Labour peers support government’s policy
  • Concerns raised about VAT discrepancy for FE colleges
  • Baroness Barran expresses concerns about implementation time and HMRC readiness
  • Education minister defends policy, stating it is necessary for additional funding
  • HMRC to provide support to schools for VAT registration and compliance
  • Treasury to assess impact of changes and publish tax information and impact assessment
  • Lord Hacking enquires about government’s forecast for student migration to state schools
  • Financial Secretary to the Treasury states government’s expectations for impact of policy

Source: tax.org.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.

Sponsors:

VAT news
VAT news

Advertisements: