School fees pension plan
By utilising our school fees pension strategy, we create a bespoke plan that enables you to build a much larger pension fund and pay off money borrowed for fees. The additional tax relief received could be even more than the cost of the original school fees.
Higher rate tax strategy
When deploying our tax planning strategies, we create plans for high-earning clients to take advantage of government-approved investments that qualify for significant tax relief.
Investments and deposits
Creating a plan to invest in assets that do not produce any taxable income (or very little) can help to lower your total tax bill. One tactic is to take advantage of the favourable tax position of investments which are subject to Capital Gains Tax rather than Income Tax.
Trust planning remains a key facet of our business. This involves capital provided by a grandparent being treated as the child’s income, thus utilising each child’s personal Income Tax allowance. Capital gains can also be used, enabling each child’s annual Capital Gains Tax exemption to be utilised.
SFIA have also established a Corporate Trust Scheme that enables Business owners to pay school fees through their limited company and here are significant tax savings.
Our independent financial advisers are able to select financial solutions from the entire marketplace.