You are reading a single comment by @hurricane_run and its replies.
Click here to read the full conversation.
-
You need a better accountant and living grand parents or off shore.
Private School Tax Breaks UK
You can then fund private school fees by paying out dividends to the children, which will be entirely tax free if it is within their tax allowance. If the children don't have any additional income or earnings, they'll be able to use their personal tax allowance, which stands at £12,570 per year for 2021/22.Or fuller picture from here: https://www.theprivateoffice.com/insights/claim-tax-relief-private-school-fees#:~:text=You%20can%20then%20fund%20private,per%20year%20for%202021%2F22.
It is amazing what you can get away with.
lynx
@hurricane_run
As a cunt who sent his child to private school, there are no tax breaks for parents.