Further details regarding fee structures for September 2025 and beyond will be announced by Easter 2025
King William's College has ruled out changing its fees for the upcoming academic year and will absorb the additional VAT set to be applied to private school fees from January 2025.
The Island's only independent school, which educates around 500 pupils, aims to provide families with 'financial stability' as they plan ahead.
The UK’s Labour government has abolished VAT exemptions, forcing public schools to charge an extra 20 percent.
The Manx government is reportedly in discussions with KWC’s trustees about the potential impact, as Treasury Minister Alex Allinson explains:
Principal Damian Henderson says: "King William’s College and The Buchan School are integral to the fabric of the Isle of Man’s education system. We are having positive discussions with the Isle of Man Government about the importance of maintaining independent education on the Island. We remain committed to delivering an exceptional provision and look forward to continuing our work with the Isle of Man Government to secure this going forward."