Read our privacy policy Thanks for signing up to theView from Westminster email {{ #verifyErrors }} {{ message }} {{ /verifyErrors }} {{ ^verifyErrors }} Something went wrong. Please try again later {{ /verifyErrors }}Labour will not impose VAT on private school fees until at least 2025 if it wins the general election, shadow chancellor Rachel Reeves has suggested. The policy is among the most-discussed in Labour’s manifesto, and has raised concerns of local authority schools being strained by a sudden influx of pupils taken out of private schools due to rising fees. Ms Reeves, the shadow chancellor, has now suggested that the policy will not be enforced until 2025. A recent survey of 2,000 people with investable assets of more than £250,000, conducted alongside the latest Saltus Wealth Index report, found that some 26 per cent claimed they would have to take their children out of private schools if VAT was imposed.

Source: The Times June 21, 2024 14:01 UTC