Don Foster MP*

Don urges Government to scrap tax on prudent schools

Don has today written to the Secretary of State for Children Schools and Families, Ed Balls MP, urging him to scrap plans to impose a 5% ‘tax’ on school cash balances.

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The Government consultation period on this £250 million 'tax on prudence' ends this Friday 26th October.

Over 20,000 schools would be hit by the proposed change, which would even affect monies already committed to major building projects.

Schools in Bath would lose over £100,000.

Commenting,Don said:

"This Government plan is absolutely daft - it is a tax on prudent schools. How can ministers defend raiding school funds which in many cases have already been allocated to major capital projects?

"Schools will have saved for years for new facilities and some will now have to do their own fundraising to make up for money taken back by the Government.

"Does this Government really believe that it knows better than 23,000 headteachers and governing bodies how to spend the money given to them?

"A number of schools in Bath have contacted me to express their concerns at these proposals and I have been working with my Liberal Democrat colleagues in Parliament in order to resolve this issue.

"I have written to the Secretary of State urging him to reconsider this proposal. The consultation period ends this Friday, and all those who are affected by this should let the Government know their views."


This article published: 23/10/2023

Published by Bath Liberal Democrats, 31 James St West, Bath, BA1 2BT. Printed and hosted by JPC Infonet, 2 St Georges Works, Trowbridge, Wiltshire, BA14 8AA. Your Privacy._blank

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