PRIVATE schools would retain some of their tax breaks under a Labour government as the party U-turned on its pledge to strip them of charitable…
PRIVATE schools would retain some of their tax breaks under aLabour have said they no longer need to end the charitable status of private schools to achieve their policy of charging 20% VAT on fees and ending business rates relief in England, as first revealed by the i newspaper.
A Labour spokesman said: “Our policy remains. We will remove the unfair tax breaks that private schools benefit from, to fund desperately needed teachers and mental health counselling in every secondary school. They said: “If Labour takes away the tax relief associated with charitable status for independent schools, the policy would create a two-tier system within the charity sector, setting a worrying precedent that any charity seen as not reflecting the political ideology of the day could be subject to additional taxes.
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