News | Sunday, 26 July 2009

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Private schools rebate to be revised

Karl Stagno-Navarra
Government is set to reform the tax rebate given to parents who send their children to private schools, as studies have proved that increases in fees for tuition by private secondary have neutralised the rebate.
Finance Minister Tonio Fenech has expressed concern at the registered increases, which have prompted him to initiate the process of reforming the tax rebate system for parents who send their children to private schools.
In an overview of inflation developments in Malta, statistics for June show that increases in prices in the education sector have contributed by 1.45% on the general rate of inflation that stood at 4.7%.
In a breakdown, the statistics revealed that private secondary tuition has increased by 6.0%; secondary school fees, 7.6%; primary school fees, 5.7%; and pre-primary school fees, 7.9%.
In the wake of such increases, the tax rebate has been practically neutralised, leaving parents to bear the brunt of such an increase and not benefit from the rebate.

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