Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an estimate of the average annual cost per school of abolishing business rates relief for fee-paying schools.
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 revenue raised will help to deliver the Government’s commitments relating to education and young people.