Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the answer of 5 September 2024 to Question 3748 on Private Education: Business Rates, whether she has made an assessment of the potential impact of removing the eligibility of private schools to business rates relief on those schools in South Suffolk constituency.
As announced on 29 July 2024, the government will legislate to remove the eligibility of private schools in England to business rates charitable rates relief. The Government will confirm the introduction of these tax policy changes at Budget, at which point the Office for Budget Responsibility (OBR) will certify the Government’s costings for these measures. The changes will raise revenue that will help to deliver the Government’s commitments relating to education and young people.
The Government has carefully considered the impact that these changes will have on pupils and their families across both the state and private sector, as well as the impact they will have on state and private schools.