Labour's VAT Policy on Private Schools Faces Backlash from MPs and Parents
Concerns mount over potential school closures and increased pressure on state education as Labour plans to implement a 20% VAT on private school fees.
- Labour MP Rachael Maskell calls for exemptions for affordable private schools charging less than £6,500 per year.
- The Welsh government plans to revoke charitable status for private schools, adding to the financial burden from the VAT policy.
- A poll reveals that 10% of wealthy families are considering moving abroad to avoid the tax, while 23% of parents might withdraw their children from private schools.
- Critics warn that the policy could force thousands of students into an already overwhelmed state school system, increasing class sizes and taxpayer costs.
- Impact assessments on the policy's consequences are due just weeks before its implementation, raising concerns about rushed decision-making.