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{August 25, 2010}   School Fees Planning

If you have made up one’s mind to put your children or child into private education, it is important to think about the financial costs in detail.
There are many different ways of providing private education. These are:
- Paying admission fees and costs from taxable income.
- Invest a one off amount to allow for teaching in the future.
- Utilising some existing available assets.
- Establish some type of policy to save regularly.
-You can use a combination of these methods to pay the fees of private tuition.

Paying school costs out of Taxed Earnings.

Settling fees and costs out of taxed your salary can cause troubles if not managed right. Capable school fees planning will help you improve your cash flow and make the annual fee’s more affordable.

How can a financial planner help?

An expert financial planner should take into consideration the school’s charges, your attitude towards investing, tax rates for your family, whether you have liquid assets or capital and your thoughts towards financing. These are merely a few components financial adviser will take into consideration when evolving any plans for fee payments.

Want to find out more info about our advice service.

Whether you are expecting to set up a regular savings investment, pay out of earnings or invest a lump sum to cover future expenses and costs we can help you.
Our experienced financial adviser will provide advice and guidance. He will discuss with you, the advisable choices for you and your family.
To talk to us in more depth about our service please contact us.
Consilium Asset Management are based in Bristol and provide independent financial advice on school fees planning.
This article should not be considered advice

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