Following the UK's introduction of a 20% VAT on private school fees, Hong Kong student enrolment in these schools has seen a dramatic decline. Total enrolment has decreased by 17%, while new admissions have plummeted by 26%.
This tax, implemented last year, has raised concerns among parents and educational consultants about the future of Hong Kong students seeking education in the UK.
The implications of this decline could affect the financial stability of many private schools in the UK, which have traditionally relied on international students for a significant portion of their revenue.