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Implications of VAT on Independent Schools: Update on Labour Party Manifesto Proposal

  • Labour Party plans to tax independent schools to raise £1.6 billion
  • Money raised will be used for teacher recruitment, mental health provision, and breakfast clubs
  • Uncertainty around when and how the tax will be applied
  • Parents who accessed fees in advance scheme may face tax implications
  • Separating Boarding from Education to avoid VAT not likely to be permissible
  • School is reviewing costs to operate efficiently while maintaining quality education

Source: felsted.org

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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