Haringey Schools that ended the last financial year in surplus face a ‘5% tax’ under new proposals being considered by the Labour government.
Local MP, Lynne Featherstone this week has strongly backed a Parliamentary motion calling on the government to drop this unfair levy that is likely to adversely affect a number of schools in her constituency.
Commenting, Lynne Featherstone MP says:
“This is quite literally a tax on the financial prudence of those few schools that managed to buck the local trend and put aside extra money in the last financial year.This cash claw-back could jeopardise major projects that schools have been diligently putting money aside for.
“Our local schools are already seriously disadvantaged because of the unfair per pupil funding system.Now, to add insult to injury, head teachers will have to give back five per cent of their reported surplus from last April – whether they have it or not.”
Councillor Gail Engert, Lib Dem Schools Spokesperson adds:
“I dread to think what cuts schools will have to make.More worryingly, there are schools actually in deficit this year, that will still have to pay this unfair levy because they were in surplus last year. If the Government doesn’t drop these plans, it will be Haringey pupils that will suffer.I will be requesting an urgent assessment of how much this will cost our schools.”