Sir Keir Starmer’s VAT raid on private schools will begin on Wednesday, with the Treasury projecting a £1.7bn yearly boost for state schools by the end of the decade. Despite objections from private school leaders, the prime minister will implement a 20% VAT charge on independent school fees starting in 2025, generating additional funding for state schools and the hiring of new teachers. However, concerns have been raised about the potential negative impact on the private school sector, with fears that increased fees could overwhelm state schools and undermine any financial gains.
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