Private schools are planning to increase fees by more than the government anticipated due to Labour’s VAT policy, with the average rise in fees set to be 14%. The Treasury had predicted a 10% increase, but a Telegraph analysis of 964 private schools shows many are planning hikes of 15% or more, with some, like Eton, going up by the full 20%. The policy change is expected to raise £2.6bn for state schools next year, with £1.5bn coming from the levy, and this amount will grow to £1.7bn annually by 2029/30.
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