The Double Whammy Facing UK Private Schools: Rising NI and VAT on Fees Could Lead to a Crisis
The Double Financial Hit on UK Private Schools: Could VAT and Increased NI Lead to Closures?
The recent introduction of VAT on private school fees and the hike in employer National Insurance contributions could have a significant impact on the UK’s private education sector. This “double whammy” of tax burdens may lead to higher fees, reduced enrolment, and even school closures. If private schools close, thousands of students could move to already stretched state schools, potentially impacting resources and education quality nationwide. Could this financial squeeze push the UK toward a more unified education system, or will it deepen the challenges for both private and public sectors?