Private schools
State schools to receive £1.7bn from scrapping of private school VAT break

State schools to receive £1.7bn from scrapping of private school VAT break

‘Every single penny of that money will go into our state schools’ Chancellor Rachel Reeves has promised state schools will receive “every penny” raised by scrapping the VAT break on private school fees. From January 1, private schools will no longer be exempt from charging 20 per cent VAT on their fees. The move to […]

1 year ago

Private schools having to go without embossed stationery and new swimming pools

Private schools having to go without embossed stationery and new swimming pools

Private schools are being forced to cut back on the “frills” as they make tough decisions ahead of planned changes to their charitable status. Labour intends to introduce 20 per cent VAT on education and boarding services which private schools provide from 1st January 2025. Private schools’ eligibility for charitable rates relief will also be […]

1 year ago