Dossier
20 per cent tax
Coverage of 20 per cent tax in the Nexus archive.
- UK VAT on private schools triggers record decline in Hong Kong students
Hong Kong student enrollment in UK private schools fell by 17% and new admissions dropped 26% following a 20% VAT tax on fees. A recruitment consultant noted parents are becoming more selective as costs rise, with enrollment levels returning to pre-Hong Kong emigration wave levels.