Recent analysis conducted by The Telegraph reveals that a growing number of middle-class families are struggling to afford the steep fees of Britain’s elite private schools. This issue is only expected to worsen if Labour’s proposed tax policy comes into effect. Luke Sibieta, a research fellow at the Institute for Fiscal Studies (IFS), has expressed …
Fricker expresses her admiration for her children’s current school, but acknowledges the possibility of exploring more affordable alternatives. “At the moment, we’re paying approximately £1,200 per month in fees. However, during the middle-school years, this cost is expected to increase to around £25,000 per year after tax. Despite our privilege, we still have to make …
The HMRC’s Capital Goods Scheme has suggested that private schools may be able to recover VAT incurred on their building or refurbishment projects for facilities like swimming pools, sports halls, music and drama studios, laboratories or lecture halls. Labour’s calculation, however, does not take into account the possibility of children moving to the state sector …