- From 1 January 2025, private school fees will be subject to VAT at the standard rate of 20%
- HMRC has issued guidance for education providers on VAT registration and charging/reclaiming VAT on goods/services related to private school fees
- Education providers can register for VAT from 30 October based on exceeding the VAT registration threshold in the previous 12 months
- Guidance includes policy on VAT treatment of payments received before 1 January 2025 and advice on reclaiming VAT on various expenses.
Source: taxscape.deloitte.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.
