Fury at Gove's calls for 20% VAT to be levied on private school fees to tax the 'global super-rich'
Private schools are classed as charities and benefit from tax breaks. Mr Gove said VAT exemption gives a 20% discount to buy a prestige service. The Tory MP said the money raised from axing the tax advantages could be spent on children in care. The Independent Schools Council has attacked his suggestions.
Former education secretary Michael Gove yesterday called for 20 per cent VAT to be levied on private school fees to tax the rich and boost the quality of the state sector.
The Conservative MP for Surrey Heath questioned how prestigious independent schools can justify taking lucrative taxpayer-funded subsidies when they cater to the ‘global super-rich’.
Private schools are designated as charities and benefit from significant tax breaks worth tens of millions of pounds a year, including business rate relief and VAT exemption on their fees.