School fee planning
A niche we understand greatly, as many of our clients over the years have asked for help on paying school fees in the most tax efficient manner. In general terms, this means families pay for school fees out of tax savings achieved.
Much of our work is in the context of the Owner Managed Business; using Corporate Trust Schemes, family wealth planning; using a mix of trust schemes, investment and pension plans, and IHT strategizing.
This type of maintenance planning sits with our core principle of offering a long term, holistic strategy for our clients. We go to great lengths to understand our clients, not just their businesses, in order to offer the best proactive, current, and value adding advice in the market. We look at the parents’ and wider family’s current and projected financial position, as well as liquidity, in order to give an appraisal of how we think school fees are best planned for and paid. We then help families work towards goals to achieve these outcomes.