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News > School News > Foundation Response To VAT

Foundation Response To VAT

The Foundation stands by its commitment to minimise the impact on families by reducing fees from January 2025. The increase passed on to parents will be 5%, substantially less than the 20% VAT rate.
15 Nov 2024
School News

In August we announced our response to the Government’s plan to introduce VAT to private school fees from January 2025. Following the Budget announcement in October, the Foundation has confirmed that it is standing by its commitment to minimise the impact on families by reducing our fees from January 2025. The increase passed on to parents will be 5%, substantially less than the 20% VAT rate. 
 
Our underlying objective as a Foundation is to maintain the quality and variety of the pupil experience - delivering excellent teaching and academic outcomes, providing outstanding pastoral care, maintaining a broad co-curricular programme, and upholding the ethos that is central to our Foundation. As a charity, we must balance charging fees which enable us to deliver to this objective whilst holding our fees to the minimum level possible to ensure that they are as affordable as possible for fee payers choosing our schools for their children’s education.  
 
We are very mindful that parents will be keen to know the fees for 2025-26 as soon as possible; we have already started our financial modelling for the next academic year and will communicate with parents as soon as we are able to. 

For more on the fees and our strategy, please click here
 
E D Hester 
Foundation Principal 

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