This Is One Of 15 Ways To Reduce Your Tax
Click the button below to see them all
Should you opt for private education for your children or grandchildren, payment of school fees will become a substantial commitment for many years to come, requiring careful financial school fees planning.
As private school fees continue to outpace wider inflation, the total cost can escalate into a considerable sum over the course of your child’s education.
Even where the payment of schools fees is unlikely to impact your lifestyle or act as a financial burden, you can take steps that will bring wider wealth management benefits for you and your family.
A structured approach to school fees planning can offer you reduced tax liabilities.
If you are the owner of a family business, you may be able to make use of a Family Business Trust for payment of family expenses, such as school fees and other maintenance costs out of untaxed income.
It can be an attractive solution where parents own the shares in the family business and grandparents want to assist the parents in paying school fees.
Speak With A Tax Expert Now To Reduce Your Tax
Working alongside your professional advisers, it’s no surprise that specialist tax advisers can often identify extra opportunities for you to save tax, across a variety of personal and business areas. After all, they're experts in their field.
To discover how much additional tax you might be able to save, please complete the form below and we’ll introduce you to a specialist tax adviser to discuss your requirements.
Your initial conversation will be without charge and without any commitment to go ahead.
The Financial Conduct Authority does not regulate taxation advice.
Please Share This
If you’ve found this page of interest, please would you kindly send a link to it to your friends and colleagues using the buttons below. You’ll be helping us out, and they might like it too. Thanks, it's much appreciated.
How To Earn 13 Per Cent On Your Money Now
It's Back, But Not For Long, So Check It Out Now!
Get Valuable SIPP And SSAS Insights Emailed Directly To Your Inbox Every Monday
As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk. Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.
Please read our full Terms which includes criteria for SIPPclub membership.