economy

Parents haggle with private schools over fees as VAT pushes up costs

Financial advisers say families now band together to negotiate a group discount for their children as 20% tax rate bites

Parents haggle with private schools over fees as VAT pushes up costs

TL;DR

  • Families are collaborating to negotiate group discounts for private school fees.
  • A 20% tax rate is significantly increasing the cost of education.
  • Financial advisers are noticing this trend among parents seeking cost reductions.