PARLIAMENTARY WRITTEN QUESTION
Foreign, Commonwealth and Development Office: Private Education (23 July 2024)
Question Asked
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what estimate he has made of the financial impact of a 20% VAT increase on school fees on his departmental budget in (a) 2024/25 and (b) 2025/26.
Asked by:
Dame Harriett Baldwin (Conservative)
Asked by:
Dame Harriett Baldwin (Conservative)
Answer
The FCDO cannot accurately estimate the impact of a 20 percent VAT increase on school fees, since we do not know if schools will transfer the costs of fees to parents, or from what date the VAT will be introduced.
Answered by:
Catherine West (Labour)
30 July 2024
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