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Labour pledges no retrospective VAT on private school fees if elected.

  • Shadow Chancellor Rachel Reeves stated that Labour will not impose VAT on private school fees retrospectively if they win the general election
  • Reeves made this announcement at The Times CEO Summit
  • She mentioned that any changes to VAT on private school fees would be implemented in the first Budget after the election, not before September

Source: taxjournal.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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