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Impact of VAT Increase on Educational Materials: Costing Schools 60 Million Euros

  • The new coalition of PVV, VVD, BBB, and NSC plans to increase VAT on books, which will also apply to educational materials
  • Education organizations are urging for an exception to be made for physical and digital learning materials
  • The estimated cost increase for primary and secondary education due to the VAT hike is 60 million euros annually
  • The increase in tax rate will lead to higher prices for both physical and digital learning materials, putting further pressure on the education market
  • Rising prices of learning materials have already reduced the freedom of choice for teachers and schools, and a VAT increase will exacerbate this issue

Source: accountancyvanmorgen.nl

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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