Pupils will ‘pay price’ for new tax on private school fees, Tories warn Reeves

The Chancellor has said ending the ‘VAT break’ would raise £1.7 billion a year by 2029/30 (Jordan Pettitt/PA) - (PA Wire)

Pupils, parents and teachers face “paying the price” of a new tax on private school fees, the Conservatives have warned after the Chancellor welcomed an end to the “VAT break”.

Rachel Reeves has vowed “more teachers, higher standards and the best change in life for all our children”, as the long-standing VAT exemption for private schools ends on New Year’s Day.