Hello,
We would like to be able to send our two children to private school.
I am a higher rate tax payer and my wife is not currently working but training to be a teaching assistant.
We have two children 4 & 6 and hope to send them private schools from the ages of 7 through to 18.
Our approach to date has been to save via cash & stocks and share ISAs, with the hope that the compound growth could be used to pay their school fees.
I am also considering salary sacrifice as on option in order to contribute more to my pension, but am not totally sure.
However, these ideas all seem to focus on paying school fees from post-tax income so I am interested in understanding how other people pay for private school fees given the increasing costs of private schooling.
I would welcome any ideas.
Thanks
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