One in four wealthy parents plan to remove their children from private school if VAT is added to fees, a poll has found.
Others plan to move house so children who are boarding can remain as day pupils, which can save more than £10,000 a year, or to be near a cheaper private school.
The survey of 2,000 people with investable assets of more than £250,000 found that 71 per cent thought that rising school fees would have an impact on their choices around private schooling in the future.
Labour intends to add 20 per cent VAT to independent school fees if it wins the next general election and estimates this will raise an extra £1.6 billion to spend on state schools. But some analysts
