Swimming: VAT
Commons · Question 21378 · Tabled 19 Dec 2024 · Treasury · Official record
Answered 7 Jan 2025
Question
Asked by Lee Anderson
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential financial impact of VAT on private swimming schools.
Answer
Answered by James Murray, 7 Jan 2025
VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. Tax breaks reduce the revenue available for public services, and must represent value for money for the taxpayer. At Autumn Budget 2024, the Gov...