Other private schools say they will absorb some of the cost of the removal of VAT exemption
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UK Chancellor Rachel Reeves announced on 29 July 2024 that the government will eliminate a value-added tax (VAT) exemption for private school fees and boarding services. The UK VAT is a goods and services sales tax that applies to most consumer purchases in the country, with the standard rate set at 20%. While private school [...] Read Full Article At: UK confirms that value-added tax will now apply to private school fees
Other private schools say they will absorb some of the cost of the removal of VAT exemption
The private boys’ school said fees will rise in January, although all those on bursaries will be unaffected.
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