The Isle of Man Treasury has announced it will remove the VAT exemption for private school and boarding fees with effect from 1 January 2025. This follows a policy paper brief issued days earlier by HMRC on the removal of the VAT exemption in the UK from the same date.

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VAT: Removal of VAT exemption for private school and boarding fees

Thursday, 1 August 2024

The Treasury advises tha…

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