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2024-06-12 21:41:04 UTC - HELPFUL

Rated by Participant: 1B68C063523C7BB45C75B81D3DB7268BF9EB36705AF37DF8CB0730CC73A89488
Participant Details

Original Note:

The IFS estimate that removing tax exemptions from private schools would raise about £1.6 billion a year in extra tax revenue. This results from an effective VAT rate of 15% after allowing for input deductions, likely VAT on boarding fees and exemptions for specialist provision https://ifs.org.uk/publications/tax-private-school-fees-and-state-school-spending

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Original Tweet

All Information

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