See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
The Oscars
Volodymyr Zelenskyy
Ukraine War
Democratic Party
Republican Party
Baseball
US Politics
Social Media
Donald Trump
Tariffs
Basketball
Cricket
Published • loading... • Updated

Grandparents often foot the bill for private school fees but there are options

Summary by The Australian
Over the past 20 years private school fees have risen by more than double the rate of inflation, with the most prestigious grammar schools costing well into the $40,000 range for year 12 and some above $50,000. Remembering that school fees are not tax ­deductible, a family with two children in private schools on the highest marginal tax bracket needs to generate pre-tax income of close to $200,000 a year just to pay school fees before even think…

2 Articles

All
Left
Center
Right
1
The AustralianThe Australian

Grandparents often foot the bill for private school fees but there are options

Over the past 20 years private school fees have risen by more than double the rate of inflation, with the most prestigious grammar schools costing well into the $40,000 range for year 12 and some above $50,000. Remembering that school fees are not tax ­deductible, a family with two children in private schools on the highest marginal tax bracket needs to generate pre-tax income of close to $200,000 a year just to pay school fees before even think…

·Australia
Read Full Article
IFA MagazineIFA Magazine

Grandparents paying school fees? Legal expert warns of unintended consequences - IFA Magazine

In this analysis, Alice Edwards, Associate, at law firm Winckworth Sherwood, highlights some unintended and unwelcome consequences that might arise in cases where grandparents are picking up the tab for their grandchildren’s school fees. With the hike in school fees following the government’s decision to impose VAT from the start of this year, more young families than ever will be looking to grandparents for help. For asset-rich retirees, the be…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

IFA Magazine broke the news in on Tuesday, February 25, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Inflation

Inflation

United Kingdom

United Kingdom

Australia

Australia

UK Economy

UK Economy

Australia Economy

Australia Economy

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
Search
BlindspotLocal