Labour to implement VAT on private schools if elected

This policy could see fees increase by 20 per cent within the first year of a Labour Government, potentially affecting enrolment and necessitating budget adjustments.

Schools should consider strategies to mitigate this, such as reassessing financial aid policies and operational costs.

The aim is to raise an estimated £1.7 billion for state schools, which, while not directly beneficial to private institutions, could contribute to raising overall educational standards.

It is essential to begin preparations now, including reviewing budgets, developing communication plans for stakeholders, and considering the expansion of bursaries.

Please contact one of our team if you are worried about the potential costs that this may cause to your school’s income in future.