"In 2022–23, average private school fees across the UK were £15,200 in today’s prices (net of bursaries and scholarships). This is £7,200 or nearly 90% higher than state school spending per pupil, which was £8,000 in 2022–23 (including day-to-day and capital spending). The gap between private school fees and state school spending per pupil has more than doubled since 2010, when the gap was about 40% or £3,500."
Please correct my maths if I'm wrong...
x goes to private school and their parents pay £15,200 per year. x's parents save the taxpayer £8000 per year for state education.
Labour put VAT on private school fees and x's parents can no longer afford to pay the fees. x now has to go to a state school at a cost to the taxpayer of £8000 per year. The treasury will not be in receipt of any VAT payments from x's parents.
Extra cost to the taxpayer £8000.
In addition, private schools PAY VAT on all the goods and services they buy. IT equipment, new buildings, educational supplies. So if they have to close, the exchequer will not be receiving this money either.
The vast majority of private schools are not like Eton, Harrow, Westminster etc. They are not elitist and provide excellent education with pupils leaving to become badly needed doctors, engineers, lawyers etc. I could go on, but believe me, most are brilliant schools and many parents make substantial sacrifices so that their children can attend.