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Eton College Faces Fee Hike Amid Labour's Private School Tax Raids

1 hour ago

Eton College Faces Fee Hike Amid Labour's Private School Tax Raids
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7 Highlights

  • Labour's 20% VAT on fees strains Eton College's finances.
  • Eton raises fees to $63,000 annually, cites financial commitments.
    • Eton holds $553M in reserves but can't use it due to commitments.
    • Parents demand support; bursaries will aid 10% of students.
    • Harrow absorbs costs, only raises fees by 15%.
    • Labour's tax aims to offset inequalities but faces school backlash.
    • Eton's fee hikes intensify debate on private school taxation.
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