
Buckswood to provide School Support amid VAT Changes
In light of the newly elected Labour Government’s decision to impose a 20% Value Added Tax (VAT) on school fees, effective from January 2025, we understand the financial impact this may have on many households and we remain steadfast in our commitment to supporting our families. At Buckswood, we believe that every student deserves access to high-quality education, and we are dedicated to easing this transition for our community.
Our Support for Families
In light of these changes, we have carefully considered how best to support our families while maintaining the exceptional standards of education and pastoral care that define our school. To this end, we are pleased to announce a series of measures aimed at alleviating the financial strain brought about by this new policy.
Firstly, Buckswood will absorb 10% of the VAT for the Easter and Summer Terms of the 2024/25 academic year, ensuring that families are only responsible for half of the total VAT during this period. This initiative reflects our ongoing commitment to prioritising the well-being of our students and their families, particularly during times of economic uncertainty.
In addition, we have made the decision to freeze school fees for the 2025/26 academic year, a move that will provide much-needed stability for our families. Unlike previous years, where fees typically rise in line with inflation and operational costs, this fee freeze demonstrates our dedication to making a Buckswood education as accessible as possible.
Furthermore, our School Support initiative will continue into the academic year 2025-26, meaning that we will maintain our commitment to covering 10% of the VAT.
By implementing these financial support measures, we reaffirm our dedication to providing outstanding educational opportunities without adding undue financial stress to our families. We understand that education is a long-term investment, and we want to ensure that Buckswood remains a place where students can flourish, regardless of external economic pressures.