Top private school in Oxfordshire to close over Labour's tax raid.
A prestigious prep school has announced it will be shutting its doors within weeks because of Labour’s tax raid on private schools.
Carrdus School, in Oxfordshire, which is owned by leading girls’ school Tudor Hall, has told devastated parents it will be closing its doors in the spring if it cannot find a buyer.
In a letter to parents, Chair of Governors Alison Darling said falling numbers triggered by the VAT policy plus the extra burden of employers’ national insurance increases.
She told parents: ‘You will know only too well that the introduction of VAT on independent school fees has put a great deal of pressure on parents and schools.’
Hitting out at the Government’s failure to delay the highly controversial January timing of its 20% VAT on fees, she said:
‘Despite the support of our professional associations in lobbying the Government in recent months, the Government has not responded to the case made.
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