Labour's VAT on School Fees Might Just Save Your School Money

The Labour Party's policy to introduce VAT on independent school fees has sparked much conversation regarding its impact on parents and schools. With the majority discussing the concerns of the policy, among educators and parents alike. Although this policy presents an additional financial burden to parents paying school fees, it also presents an unexpected advantage for our partner schools...

Once VAT Registered, our Partner schools will be able to offset the VAT they pay on goods and services against their VAT liability. This means that the 20% rate of VAT we charge for our services becomes an effective credit against their tax bill, reducing the overall financial impact! 

How Does This Work? 

When our partner schools pay VAT on our service, they can reclaim this amount as part of their VAT returns. Due to this offset, the effective cost of our services to our partnered school's bottom line is reduced by 20%. Essentially, we are making our service 20% more affordable! 

Utilising this VAT reclaim opportunity means that independent schools can continue to deliver enhanced sports provisions and provide continued value to their students without bearing the full weight of this governmental policy. 

Whilst the reintroduction of VAT on school fees poses many challenges, it also offers cost-saving strategies that weren't previously available. The services we provide will become a fiscally smarter choice for schools looking to navigate this potentially turbulent time, providing their students the value and sporting development they deserve, whilst mitigating financial pressures. 

If you would like to find out more about our services, and how we can save you money whilst providing high-quality sports coaching to your students, contact us at info@lionssports.academy

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