- Labour plans to charge VAT on private school fees, affecting smaller and prestigious schools
- Debate explores how private education should be taxed in principle and practice
- Various types of private schools could be affected by the proposed VAT changes
- Private schools have different routes to VAT exemption, including being charities
- Labour’s proposals could raise over £1 billion but may not have a transformative impact on state revenue
- Debate questions whether those who buy private education should be taxed differently than those with similar income who use their money in other ways
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.
