Chancellor Rachel Reeves confirms Labour's planned VAT raid on private schools, effective January 2025.

Speaking during the Budget today, Reeves told the Commons: "We will introduce VAT on private school fees from January 2025, and we will shortly introduce legislation to remove their business rates relief from April 2025 too.

Chancellor Rachel Reeves confirms Labour's planned VAT raid on private schools, effective January 2025.Speaking during the Budget today, Reeves told the Commons: "We will introduce VAT on private school fees from January 2025, and we will shortly introduce legislation to remove their business rates ...{ai:summary}<p>Chancellor Rachel Reeves announced Labour's plan to impose VAT on private school fees starting January 2025 and to remove their business rates relief from April 2025. These measures are expected to generate over £9 billion to support public services.</p><p>This initiative aligns with Labour's manifesto commitments to tackle tax avoidance and improve public finances. #politics</p>

Budget 2024: Rachel Reeves confirms Labour's VAT raid on private schools from January 2025

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