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"Guardian “Doubts grow over Labour’s VAT plan for private schools The Treasury refuses to confirm 1 January start date as unions, tax experts and school leaders say it is unworkable” " Oh no, not another Labour policy that hasn't been thought-through and analysed? I suppose they only had 14 years to formulate their plans. | |||
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"Guardian “Doubts grow over Labour’s VAT plan for private schools The Treasury refuses to confirm 1 January start date as unions, tax experts and school leaders say it is unworkable” Problem is that as with the non Dom change, they have already promised the money they said it would raise to other things. So they now have to find an alternative to raise the money or go back on the promises. Apparently the impending VAT change has already affected admissions and next year likely to be worse. Oh no, not another Labour policy that hasn't been thought-through and analysed? I suppose they only had 14 years to formulate their plans." | |||
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"In 2023, Bridget Phillipson, then shadow secretary of state for education, said that charging VAT on independent school fees and imposing business rates would raise £1.7bn. In a parliamentary debate in February 2024, Helen Hayes, then shadow minister for education, said the VAT measure would raise £1.3bn. Like the pensioner winter fuel grab ((£1.5bn). Relatively small amounts to be raised, when Labour just announced £22bn spend on carbon capture. " Are your figures per annum? Including starting from this fiscal year? | |||
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