Average Private School Fee Rise 226% Higher Than Labour Predicted After New Tax
The Independent Schools Council, which represents private schools, has today produced analysis on fee increases since the government instituted its school tax. Surprise – Labour’s sums were duff…
The ISC reports that after speaking to its member schools that average fees rose by 22.6% in January compared to 8.4% in 2024 and 6.4% the year before that. Labour predicted a 10% rise…
The group said “it seems clear to us that the government has underestimated the effect” and pointed out that Reeves’ concurrent tax hikes – mainly NICs – have increased costs for schools. Labour has based the analysis around its policy on a series of reports produced by the Institute for Fiscal Studies’ Luke Sibieta, a close friend of Labour minister Matthew Pennycook. Even the IFS admitted the amount of money produced will be tiny. This policy turning into an expensive catastrophe…