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UK private schools face closures and withdrawals due to a new 20% VAT, affecting up to 56,000 students.
An accountancy firm has warned that the new 20% VAT on UK private school fees, imposed this January, could lead to significant closures and withdrawals this summer.
While the government predicts 37,000 students will leave private schools, the firm estimates closer to 56,000 may depart.
This change, along with higher business rates and National Insurance costs, is expected to cause instability in the sector.
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Las escuelas privadas del Reino Unido se enfrentan a cierres y retiradas debido a un nuevo IVA del 20%, que afecta a hasta 56.000 estudiantes.