Private Education: VAT — Written Question

Question

Patrick Spencer

Independent — Central Suffolk and North Ipswich

To ask the Chancellor of the Exchequer, how much input VAT is forecast to be repayable to private schools for the first quarter that the VAT is levied; how much output VAT is expected to be raised from these schools from these schools in the first quarter

Answer

James Murray

The Annex to the Government Response to the Technical Note, Government_Response_to_the_Technical_Note_on_Applying_VAT_to_Private_School_Fees_and_Removing_the_Business_Rates_Charitable_Rate_Relief.pdf, sets out the forecast input VAT and calculation of out...

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