Private schools say fees have gone up by 22% in last year
Summary
Private school fees in the UK increased by 22.6% in January compared to last year. This rise includes a new 20% VAT tax, which has led to concerns about fewer students attending private schools. Some schools have tried to lower fees, not counting the VAT, to help parents manage costs.Key Facts
- Average private school fees in January were £7,382, including VAT, up from £6,021 the previous year.
- The VAT on private school fees was introduced on January 1st across the UK.
- The government expected fees to rise by about 10% due to the VAT change.
- The ISC represents about 1,400 private schools in the UK and conducts an annual census on fees and pupil numbers.
- The ISC and private schools are also dealing with changes in national insurance and the end of certain tax reliefs.
- Some parents have removed their children from private schools due to increased costs.
- The state school system is expected to accommodate more students if private school numbers decrease.
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