If you send your child to private school outside of London...

[user64829555]

What do you do for a living?

Inner London here and I'd say 80% of the parents are in finance, DH and myself included- him banking, me private equity. It's so rare we meet other families who have interesting jobs that make money!

The other 20% is made up of family money and business owners/entrepreneurs, but finance-y types takes the top spot by far and I think it's because it's unique to our area of London.

So what do the parents do for work outside of London?

Yep. DH says this argument is binary that you can afford it or not, but not everyone has family money to prop them up or works in finance. I imagine a lot of families making huge sacrifices for their DCs education and a 20% increase will break a family budget.

I'm surprised by the number of tradesmen! This is me being a total London twat and not knowing anything about life outside of Zone 2

I find this really fascinating! And I'm nosey.

@user64829555 we’ve recently had correspondance from DS’ school advising us that we can pay five years in advance for a 3% discount on the fees. There’s no mention of VAT but, of course, some parents (or grandparents) with easy access to cash will pay upfront to try to avoid the VAT payment. So it will be those paying out of their income, like myself, who will shoulder the burden, at least in the first few years.