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Over half of parents with children studying in private schools look set to be affected by the imposition of VAT on school fees. VAT will be introduced in private school fees from January. So, many High Net Worth Individuals...
Starting April 2025, private schools will lose charity status and pay full business rates as the government ends their relief. Want details? This article covers it!
A lack of resources for monitoring compliance led to a record 341 tax reliefs costing taxpayers £204bn in 2023, with only 25 evaluated for cost-effectiveness in the last eight years. With a budget of just £600,000, the Treasury and HMRC face questions about the value for money offered by these reliefs.
