Prince William and Kate Middleton will soon have to deal with a big jump in their children's school expenses. Starting in 2025, school fees for Prince George, Princess Charlotte and Prince Louis at Lambrook School will rise because of a new VAT rule, GB News reported.
This rise is due to the government's decision to end the VAT exemption for private schools. All families with children in private education across the UK will see a 20% fee increase.
"Fees detailed are the current fees for the Michaelmas Term 2024, these are exempt from VAT. Fees are subject to change from January 1 2025 in respect of the Lent and Summer 2025 terms," says Lambrook School's website, as per the publication.
The Prince and Princess of Wales will have to pay much more now for their children's education. The entire cost will now amount to nearly over ₹88 lakh (nearly £80,000) each year.
Prince George, who attends middle and upper school, will have his fees raised from ₹28.5 lakh (£25,950) to ₹34.2 lakh (£31,140), the publication reported.
Princess Charlotte's fees in the lower school will increase from ₹26.3 lakh (£23,904) to ₹31.5 lakh (£28,684.80).
Prince Louis, who is in the first year of primary school, will see his fees go up from ₹17.9 lakh (£16,302) to ₹21.5 lakh (£19,562.40) annually, as per the publication.
The new VAT rule means that any fees paid for the January term at Lambrook School, starting from July 29, will now include additional tax. This move is part of a larger trend of rising costs in private education.
Prince William's early education included time at Jane Mynor Nursery and Ludgrove School in London. He later became the first high-ranking Royal to attend Eton College.
