Question to the HM Treasury:

To ask His Majesty's Government how much revenue has been raised since introducing VAT on private schools on 1 January; and what has this revenue has been spent on or is planned to be spent on to date.

At the Budget in October, the Government set out its estimate that this measure will raise £460 million in VAT revenue in 2024/25, rising to £1,725 million in 2029/30.

Ending tax breaks for private schools will secure additional funding to help the Government deliver its commitments relating to education and young people.

DfE’s 2028-29 settlement includes £101.5 billion of day-to-day spending, a 1.4% average annual real-terms increase from 2023-24 to 2028-29

This includes an additional £4.7 billion cash increase per year for schools by 2028-29 (compared to 2025-26), increasing per pupil funding in real terms to a new record high.