§ Sir John Cope
[holding answer 26 May 1994]: The Treasury publication "Tax Ready Reckoner and Tax Reliefs" shows an estimate for the total revenue forgone from the VAT exemption of education as being £600 million in 1993–94. This includes universities. No separate estimate has been made for private schools. Many types of establishment may fall under the general description of "private school". Some of these establishments provide education that is subject to the standard rate of VAT.