- HMRC has published Revenue and Customs Brief 8 (2024) on the removal of VAT exemption for private school fees and boarding fees
- Education services and vocational training supplied by private schools will be subject to VAT at the standard rate of 20% as of 1 January 2025
- Boarding services closely related to education supplies will also be subject to VAT
- Children with special educational needs funded by a local authority will be compensated for VAT incurred
- Fees paid after 29 July 2024 for education provided after 1 January 2025 will be subject to VAT
- Schools required to VAT register can do so from 30 October 2024
- Submissions on the draft legislation and technical note close on 15 September 2024.
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.
