For parents, grandparents and other family members alike, providing younger generations with a private education and a university degree is a common objective.

The average private school fees are now around c£16,700 per annum (Independent School Council 2017), and often higher, and continue to grow ahead of inflation. University tuition fees are up to £9,250 per annum, with living expenses on top.

The cost of a first-class education can therefore be a considerable and long-term financial commitment, particularly for larger families. While some may be able to simply meet the costs from ongoing earnings and income, planning ahead can be crucial, and there are a number of tax-efficient planning opportunities all should consider.

View the Special Briefing here.

About The Author

Anna Sharp
Anna joined Saunderson House in 2014. She became the youngest female in the country to qualify as a Fellow ...
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