Treasury written question – answered at on 16 March 2026.
Neil Shastri-Hurst
Conservative, Solihull West and Shirley
To ask the Chancellor of the exchequer, how much revenue the Exchequer raised from the introduction of VAT to private school fees between 1 January 2025 to 31 December 2025.
Dan Tomlinson
The Exchequer Secretary
At Autumn Budget 2024, the revenue from applying the standard rate of VAT to education and boarding services provided by private schools from 1 January 2025 was estimated at £460 million in 2024-25 and £1,505 million in 2025-26, rising to £1,725 million in 2029-30.
In their November 2025 Economic and Fiscal Outlook, the Office for Budget Responsibility revised the yield from this measure up by an average of £40 million per year, with outturn data providing initial support for the original assumption on pupil movements.
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
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