Eton College warns VAT change will hike annual fees to £63,000
- Eton College announced that annual fees will “likely” rise to £63,000 due to VAT changes starting in January.
- The school expressed disappointment over the Government's decision to tax education and the short notice.
- Eton will consider increasing its £10 million financial assistance fund for families struggling with the new cost.
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Eton College warns VAT change will hike annual fees to £63,000
The private boys' school in Berkshire - previously attended by famous names including Princes William and Harry, Boris Johnson, Eddie Redmayne and Bear Grylls - said it is "disappointed" about having to impose VAT on fees.
·United Kingdom
Read Full ArticleEton College to raise fees by 20% over Labour’s VAT plan
Eton College will raise fees by 20% as a result of the Government's removal of the VAT exemption on independent schools, it said in a letter to parents.The £52,749-a-year private boys' school said fees will "likely" increase in January, meaning most parents will have to pay about £63,000.Parents whose sons are in receipt of 100% bursaries will not be affected by the increase, the college said.From January, the Government plans to remove the VAT …
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Total News Sources9
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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