Party plans to raise £1.7 billion for state schools
In a bold move, Labour has promised to add VAT to private school fees within a year if it secures victory in the next election. Unlike phasing in the VAT fee over several academic years, the party aims to implement the change swiftly in order to raise £1.7 billion for state schools.
Education Secretary warns of potential consequences
However, Education Secretary Gillian Keegan has expressed concerns that this move could lead to the closure of some private schools and put additional pressure on the state sector. The impact remains to be seen, but it is clear that this proposal has sparked mixed reactions across the political spectrum.
Controversy over taxing aspiration
Tory MP Nicola Richards criticized Labour's plan, calling it a "tax on aspiration" and a quintessential Labour move. These comments highlight the ongoing division and debate surrounding the role of private education in society.
A Labour party spokesperson responded, stating that the party makes no apologies for its unwavering focus on driving high and improving standards in state schools. This commitment to providing quality education for all is at the heart of their proposal.