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Home World Europe

Private schools ‘to raise fees by more than Starmer predicted’ as controversial VAT policy imposed

31 December 2024
in Europe
Private schools ‘to raise fees by more than Starmer predicted’ as controversial VAT policy imposed
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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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Tags: controversialfeesimposedpolicypredictedPrivateRaiseSchoolsStarmerVAT
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