The party still wants to charge VAT on fees and end the business rates relief that independent schools benefit from.
Private schools would retain some of their tax breaks under a Labour government, after the party backed down on its pledge to strip them of charitable status.
Being able to claim gift aid on donations and not paying tax on annual profits, which must be reinvested in education, are among the tax breaks that the status confers. “This doesn’t require removing charitable status, however driving high and rising standards for every child against the backdrop of a broken economy requires political choices. Labour isn’t afraid to make them.
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