Woodgate calls for clarity from Labour
The chief executive of the Independent Schools’ Bursars Association (ISBA), has called on Labour to publish specific details of its VAT plans so schools can more effectively plan for the future, iNews has reported.
Independent schools throughout the UK are discussing how they may be affected by the proposed changes, with many exploring cost-cutting measures and other ways to mitigate the proposed 20% levy on school fees.
ISBA’s David Woodgate said: “Leaders are undertaking financial modelling and are planning based on a range of different scenarios. Naturally, these look at all options for cost-cutting, but the lack of detail attached to this policy means it is too early to say for sure what independent schools’ definitive plans will be.”