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Bloomberg quotes Sarah Jane Boon on plans announced in the King’s speech to press ahead with the tax hike on UK private school fees

King Charles III confirmed today, in his King’s Speech, that the Labour Party will press ahead with its plans to add a 20% value-added tax on fees for the UK’s elite private schools.

There are concerns that this could impact separated or divorced parents and lower income families.

Sarah Jane Boon, Family Partner, provides comment for Bloomberg and says:

The possibility of increased fees may be especially worrying for separated or divorced parents, who are committed to a court-imposed obligation to discharge school fees until their children reach the end of their secondary education.

Read the full piece in Bloomberg here.

Related coverage:

Wealth Briefing, Professional Adviser, IFA Magazine

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