5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

Labour to Impose Immediate Tax on Private School Fees, Says Starmer

by
May 24, 2024
in Investing
0
Labour to Impose Immediate Tax on Private School Fees, Says Starmer

<?xml encoding=”utf-8″ ?????????>

Labour leader Sir Keir Starmer has declared that a Labour government would swiftly implement taxes on private school fees.

Speaking on BBC Radio 4’s Today programme, Starmer confirmed that the VAT exemption currently enjoyed by private schools would be removed “as soon as it can be done,” resulting in a 20% increase in fees.

The VAT exemption, which independent schools benefit from due to their classification under the supply of education, allows them to avoid charging VAT on their fees. Labour’s proposal aims to redirect this financial advantage to better support state education.

Starmer emphasized the urgency of this policy, stating, “Obviously, there will have to be financial statements etc. It is a question of the timetable in parliament. But these first steps are intended to be done straight away.”

The removal of the VAT exemption is part of Labour’s broader strategy to address inequalities in education funding and ensure that public resources are more equitably distributed. The immediate implementation of this tax highlights Labour’s commitment to reforming the education sector and investing in state schools.

Previous Post

Trustpilot Removed 3.3 Million Fake Reviews in 2023 Amid Record Surge in Total Reviews

Next Post

National Grid’s £7 Billion Fundraising Sparks Market Turmoil

Next Post
National Grid’s £7 Billion Fundraising Sparks Market Turmoil

National Grid’s £7 Billion Fundraising Sparks Market Turmoil

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Allied Care Experts (ACE) Medical Center-Palawan to hold Annual Stockholders’ Meeting on June 23 via Zoom

    Allied Care Experts (ACE) Medical Center-Palawan to hold Annual Stockholders’ Meeting on June 23 via Zoom

    May 9, 2025
    Bank of England governor urges UK to rebuild EU trade ties as key summit looms

    Bank of England governor urges UK to rebuild EU trade ties as key summit looms

    May 9, 2025
    The Power of No: Why, When and How to Say It

    The Power of No: Why, When and How to Say It

    May 9, 2025
    US trade deal is not a win for UK automotive industry

    US trade deal is not a win for UK automotive industry

    May 9, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.