- Chancellor of the Exchequer Rachel Reeves announced a 20% value-added tax on private-school fees
- Private schools will be affected by the tax, but it is uncertain how much of the 20% will be passed on to parents
- Some schools are still deciding on their policies regarding the new tax
Source: news.bloombergtax.com
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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