VAT hike on private school fees could come earlier than previously expected

The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?

High school students walking to their next class.
(Image credit: SolStock via Getty Images)

Families with children in private school may have to start paying VAT on school fees from January 2025 – earlier than previously expected.

In the lead-up to the general election, Labour promised to end tax breaks for private schools to help fund improvements to the state sector. The new government reiterated its commitment to the policy in the King’s Speech last week. 

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Katie Williams
Staff Writer

Katie has a background in investment writing and is interested in everything to do with personal finance, politics, and investing. She enjoys translating complex topics into easy-to-understand stories to help people make the most of their money.

Katie believes investing shouldn’t be complicated, and that demystifying it can help normal people improve their lives.

Before joining the MoneyWeek team, Katie worked as an investment writer at Invesco, a global asset management firm. She joined the company as a graduate in 2019. While there, she wrote about the global economy, bond markets, alternative investments and UK equities.

Katie loves writing and studied English at the University of Cambridge. Outside of work, she enjoys going to the theatre, reading novels, travelling and trying new restaurants with friends.