{"id":79039,"date":"2023-09-28T06:59:25","date_gmt":"2023-09-28T06:59:25","guid":{"rendered":"https:\/\/posterboyedit.com\/?p=79039"},"modified":"2023-09-28T06:59:25","modified_gmt":"2023-09-28T06:59:25","slug":"labour-drops-key-pledge-to-end-private-schools-charitable-status-the-sun","status":"publish","type":"post","link":"https:\/\/posterboyedit.com\/world-news\/labour-drops-key-pledge-to-end-private-schools-charitable-status-the-sun\/","title":{"rendered":"Labour drops key pledge to end private schools' charitable status | The Sun"},"content":{"rendered":"
SIR Keir Starmer has u-turned on a key pledge to strip private schools of their charitable status.\u00a0<\/p>\n
Labour will still sting them for VAT but now thinks removing other charity-linked benefits is unnecessary.\u00a0<\/p>\n
<\/p>\n
As charities, independent schools receive a range of perks including swerving tax on annual profits and business rates relief.\u00a0<\/p>\n
This is separate from their VAT exemption – awarded to all educational organisations – which Labour has vowed to scrap to raise money.<\/p>\n
Shadow Education Secretary Bridget Phillipson only recently called for private schools to lose their charitable status.\u00a0<\/p>\n
But Labour sources last night confirmed the party has dropped the policy after concluding the double-whammy was too far.<\/p>\n