Question to the HM Treasury:

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.

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.