Parents beat Labour’s VAT on fees raid by paying £500m up front

The rise of the private school ‘prepayers’

Best laid plans, eh? There have been a series of miscalculations when it comes Labour’s plans to charge VAT on private schools. First there was the pupil exodus from schools and the inability to recruit enough teachers to the state sector. Now private school accounts now reveal that parents have prepaid vast sums of money to

Wealthy parents pay £500M in school fees years in advance to dodge VAT

In a surprising twist, Britain's elite private schools have seen a surge in advance fee payments, as parents rush to sidestep Labour's looming VAT policy.

Parents beat Labour’s VAT on fees raid by paying £500m up front

Large scale of advance payments could impact government plan to raise revenue, tax experts warned

54 Private Schools Shuttered Since Labour Launched Tax Raid

At least 54 independent schools have closed since Labour imposed VAT on their fees on 1 January. Into the taxpayer-funded state sector go the kids... As

More than 50 private schools closed since Labour's VAT raid as education survival warning issued

More than 50 private schools have closed since Labour imposed VAT on private school fees, new data has revealed.It brings fears from industry experts that the policy risks are adding strain on the public sector as parents pull students from private schools.The fees, which came into force at the beginning of the year, were part of Labour's general election manifesto as a “revenue-raising” measure.At least 54 private schools, including top prep sc…

Parents pay £500m to beat private school VAT raid

Labour’s tax grab expected to fall short as wealthy families hand over fees in advance