Labour will add 20% VAT to private school fees within first year of winning power

if Labour comes to power, which the party estimates could raise £1.7bn to spend on lifting educational standards across the state sector.

It has been likened to a “Robin Hood-style” policy that would see Labour redistribute wealth more evenly across British schools, with Sir Keir using it to make a personal attack on Rishi Sunak last year for attendingThe plans are expected to play a crucial part in Labour’s 2024 election manifesto, which the party is preparing to unveil in the coming months.

The general election is expected to take place in autumn 2024 and by January 2025 at the latest, meaning the charge could be imposed in 2025. It is not clear if Labour would seek to bring in the charge part-way through an academic year. “Schools are having discussions and preparing as best they are able without timelines or policy detail. Any policy decision affecting this many children should be subject to full and thorough impact assessment.”

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Labour will add 20% VAT to private school fees within first year of winning powerSenior Labour sources told i the party will roll out the change as soon as possible, rather than phasing it in
Source: i newspaper - 🏆 8. / 89 Read more »