Tax-efficient ways to pay school fees

A survey this week suggests one in six of those with children in private schools rely on grandparents to pay the bills. This seems remarkably low – with the total cost of a private education at day school for even two children coming in at £400,000, almost everyone I know with kids in private school is hitting their parents for vast sums every term. I wasn’t surprised to find research from YouGov showing it is closer to one in four.

What if you are one of those unlucky grandparents whose children haven’t used their own education to make enough [...]

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