The Conservatives have warned that a new tax on private school fees will 'add pressure' to the state education system in 2025. Labour has ended the long-standing VAT exemption for private schools, which will raise £1.7 billion a year by 2029/30. The government claims the money will be invested in state schools.
Pupils, parents and teachers face "paying the price" of a new tax on private school fees, the Conservatives have warned after the Chancellor welcomed an end to the "VAT break". Rachel Reeves has vowed "more teachers, higher standards and the best change in life for all our children", as the long-standing VAT exemption for private schools ends on New Year's Day.
" Labour promised to "end the VAT exemption and business rates relief for private schools to invest in our state schools" in its 2024 general election manifesto. The Government has claimed "thousands" of state schools will receive an uplift in their funding next year, with an extra £2.3 billion for the core schools budget.Applying VAT at the standard rate of 20% on private school education and boarding fees will raise £1.
EDUCATION TAX LABOUR CONSERVATIVES PRIVATE SCHOOLS
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