Eton to raise fees to £63,000 per annum in response to VAT change

Eton college says it ‘recognises the concern that will be felt by many parents' at the 20% rise in fees. Photograph: Vicky Allum/Alamy

Eton college has sent a letter to parents saying it will raise its fees by a fifth in response to the government’s removal of the VAT exemption on private schools. The annual fees will increase from £52,749 to about £63,000.

In the letter, the school said: “The provost and fellows regret that the government has chosen to tax education in this way.