SCHOOL FEES PLANNING – make education costs pay off

At Elevation we provide solutions which make a difference to you and your family, reducing the cost of your child’s education.

Giving your children the best possible education is a goal for all parents, but the reality is that fees at a number of top schools can be daunting, often proving unachievable for many. It doesn’t need to be that way.

At Elevation we leave no stone unturned to provide solutions which make a difference to you and your family, reducing the cost of your child’s education and allowing you to free up cash to invest in other projects or spend on other areas of your life.

Our network of Independent Financial Advisers have decades of experience in ensuring you make the most of your hard-earned money and our long-term plans can help you meet the challenge of funding school fees for years to come.

Our approach will ensure you pay school fees in the most tax-efficient manner possible, saving you valuable money which can often be the deciding factor in whether or not to choose a fee-paying school over state education. Tax paid is not deductible from school fees payment directly, but we are in a position to help you pay fees from your tax savings.

Elevation’s combined knowledge, experience and resources will be used to help you create a personalised structured school fee plan which will maximise your current income and savings while freeing up money for other uses.

Our plan will give you the comfort of knowing your school fees objectives can be achieved, taking away any unwanted financial stress.

School fees pension plan
Elevation’s bespoke school fees pension strategy allows you to build a much larger pension fund and pay off any money borrowed for fees. The additional tax relief received could even outweigh the cost of the original school fees.

Higher rate tax strategy
Elevation’s carefully considered tax planning strategies allow high-earners to take advantage of Government-approved investments that qualify for significant tax relief.

Investments and deposits
By investing in assets that produce little or no taxable income we can help to lower your overall tax bill, for example, investments which are subject to Capital Gains Tax rather than Income Tax.

Trust planning
Capital provided by a grandparent can be treated as the child’s income, making the most of 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.

It is also possible for business owners to pay school fees through their limited company and enjoy significant tax savings.

The Financial Conduct Authority does not regulate taxation and trust advice.

Contact ELEVATION about School Fees Planning

Call us on 0121 411 0488 or email us using the form below:

Elevation Investment Management Ltd. Registered in England & Wales No. 04794182. Registered Address: Unit 1, Marlin Office Village, 1250 Chester Road, Birmingham, B35 7AZ. Authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register No. 456358 at www.register.fca.org.uk. The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.

Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service Exchange Tower, London, E14 9SR. Tel: 0800 023 4567 or 0300 123 9 123 or www.financial-ombudsman.org.uk.

All calls to and from our landlines are recorded to meet regulatory requirements.

Some of the possible solutions are high in investment risk and will not be suitable for everyone. We would provide detailed recommendations to help you in this regard. Paying fees through a Limited Company have some complicated rules and may not be appropriate for all firms. Levels, bases of any reliefs from taxation may be subject to change and their value depends on the individual circumstances of the investor. The value of an investment can go down as well as up. Past performance is not a guide to future performance.