University Fees Planning
University Funding has become increasingly expensive in recent years -
a recent National Union of Students study showed that a three year
degree course (outside London) costs in excess of £42,000.
As a way of boosting the tax efficiency, we should look at placing your money in the most tax efficient investment vehicle.
Bringing up children in the 21st century can be an expensive business. And as many parents are finding the expenditure doesnt stop when the child hits eighteen. Students taking a three year course starting this year are likely to pay £42,000*, the average cost of a wedding is £11,000**, and couples who are first time buyers have to find and average deposit of £29,200***.
To ensure that thses financial goals can be met, an investment should be both effective and tax efficient. If you are saving for your non-tax paying children - why should your investment pay tax?.
Global Aviators have assisted many clients in finding the most tax efficient and suitable investment to fund their family goals, whether that be University, a dream wedding or that first house.
Sources
* National Union of Students survey
**WeddingGuideUK.com
***Royal Institutution of Chartered Surveyors
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