UK to tax private schools in £1.5 bn boost to public education
- Posted on December 29, 2024
- By Business News Today
- 4 Views
UK to tax private schools in £1.5 bn boost to public education
The UK Labour government will end the tax exemption for private schools, introducing a 20% VAT on tuition fees from January 1. Expected to raise over £1.5 billion annually for public education, the funds will help recruit 6,500 new teachers and improve state school standards.
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