The removal of a VAT exemption for private schools was a key measure of Chancellor of the Exchequer Rachel Reeves’s Budget on 30 October.
Scrapping the exemption so that 20% VAT will be added to education and boarding fees charged by private schools from January was proposed in the Labour Party’s election manifesto and confirmed by Reeves during her speech in the House of Commons.
It will be coupled with removing charitable business rate relief for private settings from April 2025 in a bid to “improve standards and opportunities for the nine out of 10 children who attend state schools”, according to the Chancellor.
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