Foreign, Commonwealth and Development Office: Private Education
Commons · Question 1266 · Tabled 23 Jul 2024 · Foreign, Commonwealth and Development Office · Official record
Answered 30 Jul 2024
Question
Asked by Dame Harriett Baldwin
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.
Answer
Answered by Catherine West, 30 Jul 2024
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.