Top private schools attended by members of the Cabinet avoided charging £65 million in VAT on their fees last year due to their charitable status.
Analysis by Labour of accounts submitted to the Charity Commission found gross fee income received by elite schools where top Tories were pupils amounted to more £329m in 2021.
This left more than £65m in uncollected VAT, which most private schools are exempt from paying on fees due to their charitable status.
