Private schools take legal actions over VAT fees after Rachel Reeves's Autumn Budget

A group of independent schools has appointed Lord Pannick KC, one of the country’s top legal practitioners, to take the government to court over its decision to charge VAT on private school fees. Chancellor Rachel Reeves confirmed at the Autumn Budget that she would remove the tax benefits of private schools, with tuition and boarding tuition fees set to be taxed 20 per cent. This is predicted to be a net benefit for the Treasury of £1.3bn to £1.5bn per year. Labour’s manifesto detailed this policy to scrap the charitable status for private schools. However, this decision caused a stir, as there has been outrage from the private school sector. Get more of the story 👇 https://www.cityam.com/lord-pannick-to-take-on-government-over-vat-decision-on-private-schools/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Maria Ward-Brennan, Joey Curay Teneda, Larissa Howie