Labour will apply a 20 per cent VAT charge to private education and boarding from January 2025, drawing a line under intense speculation over when the policy would come into force.
The government announced in 2021 that it would cut the tax perk for private schools and impose business rates if it came to power. The party estimates the move will raise up to £1.5bn for state sector investment, including on recruiting 6,500 teachers.
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