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Private school to close amid 'unsustainable financial losses'
Boston Target
|May 07, 2025
IT BLAMES THE GOVERNMENT FOR ENDING TAX BREAKS
A PRIVATE school has announced it will be forced to close at the end of the school year, blaming new “financial burdens” from the government.
St George's Preparatory School in Boston says it has been unable to find any way to keep running, with “unsustainable financial losses being incurred on a daily basis”.
The Government decided that independent school fees would no longer be exempt from 20 per cent VAT from January, which many private schools warn is putting parents under pressure.
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