Unlock VAT Recovery Opportunities
with Voltix Services
“The standard 20% VAT rate will be added to private school fees from 1 January 2025. Any fees paid from 29 July 2024 relating to the term starting in January 2025 and onwards will be subject to VAT.
Private schools that are charities will lose charitable business rates relief – which provides an 80% discount on the rates they pay on their premises – from April 2025.
Private schools will be able to register for VAT for education and boarding fees from 30 October 2024.”
The Telegraph“Under the new legislation, private schools will be able to recover historic VAT they paid on capital expenditure including buildings and land acquisition over the past 10 years. Headteachers of small independent schools, who do not have the outlay to benefit from the clause, described the findings as “outrageous” and “horrifying”.”
The Education Hub UK
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Contact Details
London Office:
4th Floor, Silverstream House
45 Fitzroy Street, Fitzrovia
London, W1T 6EB
West Sussex Office:
Unit 7, Stairbridge Court,
Bolney Grange Business Park,
Bolney, RH17 5PA
Contact Number:
0845 1800 999
020 3510 2016
Email:
helpdesk@voltixservices.com
sales@voltixservices.co.uk
Office Hours:
Monday – Thursday: 9:00 AM to 5:00 PM
Friday: 9:00AM to 4:00PM
4th Floor, Silverstream House
45 Fitzroy Street, Fitzrovia
London, W1T 6EB
West Sussex Office:
Unit 7, Stairbridge Court,
Bolney Grange Business Park,
Bolney, RH17 5PA
Contact Number:
0845 1800 999
020 3510 2016
Email:
helpdesk@voltixservices.com
sales@voltixservices.co.uk
Office Hours:
Monday – Thursday: 9:00 AM to 5:00 PM
Friday: 9:00AM to 4:00PM