Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the forecasts for input VAT reclaimable by private schools are in line with Revenue and Customs Brief 16 (2016) being issued.

Revenue and Customs Brief 16 (2016) clarified that VAT incurred prior to registration can be recovered as input tax, subject to the normal rules. The approach taken to VAT recovery by private schools, including projection of taxable use, is in line with the policy as clarified in the brief.