To ask the Chancellor of the Exchequer, if he will make an estimate of the revenue that would be raised from removing the VAT-exempt status of private schools.
Answered on
20 July 2022
Many supplies of education, including those provided by eligible independent schools, are exempt from VAT. This means that no VAT is charged to the final consumer, and that the schools cannot recover VAT they incur on their costs.
The Government keeps all taxes under review, and any future changes to the UK tax system will be costed in the usual way.
Answered by
Treasury
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.