Birdwatch Note Rating
2024-06-12 22:53:03 UTC - HELPFUL
Rated by Participant: DBA18E8BBA4E1A6EE94E74F168288ED7DFEEAC974728A226CBEEF96C1129F91B
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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