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Majority of Wealthy Parents Support VAT Addition to Private School Fees: Charles Stanley Research

  • Two thirds of parents with private school aspirations support the addition of VAT to private school fees
  • Wealthy Brits, including parents with kids in private school, are in favor of the VAT addition
  • Men are more supportive of the VAT addition than women
  • Some parents with privately schooled children say an increase in fees would impact them financially
  • Parents are willing to make sacrifices to send their children to private school, including using inheritance or dipping into their pension
  • Financial planning and professional advice are important for parents making decisions about private school fees and their financial future.

Source: ifamagazine.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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