Protection for military families
Military families will receive additional financial support to shield them from the impact of Labour's planned VAT increase on private schools. Chancellor Rachel Reeves is set to impose a 20% tax hike on these schools for the first time.
Unique challenges faced by military families
Due to the nature of their work, many military families frequently move between countries, presenting challenges when it comes to their children's education. To avoid disruption, some opt to enroll their kids in boarding schools.
Concerns of a potential exodus
There were concerns that a significant number of military parents might withdraw their children from private schools if they were subjected to the tax hike.
Assurance of financial support
Sources reveal that military families impacted by the policy will receive extra funds to cover the VAT increase. A Whitehall insider assured that the families will be adequately supported.
Pledge for assistance from Defence Secretary
Defence Secretary John Healey expressed his commitment to exploring ways to assist military families with educational expenses. He emphasized the importance of supporting school education for these families amidst the policy changes.
Government's stance on Budget speculation
While a Government spokesperson refrained from commenting on specific Budget speculations, the assurance of providing additional financial support to military families affected by the VAT hike remains a priority.
