Labour’s plan to add VAT to private school fees is badly flawed and could raise very little revenue, according to a think tank. The party has said ending the tax breaks enjoyed by independent schools would raise £1.6 billion, which it would invest in the state sector. However, a new analysis suggests that the figure is likely to be much lower and that in a “best case” scenario for Labour, the changes would bring in £1 billion. In a “worst case” scenario, there would be “very little” new revenue.

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