Labour’s pledge to remove independent schools’ tax benefits would have ‘limited effect’ on pupil numbers, according to research by IFS
Warnings of a mass exodus from private schools if Labour carries out its pledge to scrap their tax breaks have been dismissed by a leading economic thinktank. .
Research by the Institute for Fiscal Studies (IFS) found that Labour’s plans to add VAT to private school fees would generate up to £1.5bn in additional revenue, “a small but potentially worthwhile sum” providing a 2% boost in spending on England’s state schools.
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