Mark Hinchliffe’s Post

The government has announced intentions to press ahead with plans to add 20% VAT on private school fees. Marking a significant change to how private education is financed in the UK, the Chancellor has confirmed that this will take place from 1 January 2025. Parents have limited time to review their financial plans and seek advice on how they might best navigate a fee increase. We can help you understand your options for raising the additional money required to keep your child on the educational path you’ve mapped out for them #EducationFinance #FinancialPlanning #VAT

The government has announced intentions to press ahead with plans to add 20% VAT on private school fees. Marking a significant change to how private education is financed in the UK, the Chancellor has confirmed that this will take place from 1 January 2025. Parents have limited time to review their financial plans and seek advice on how they might best navigate a fee increase. We can help you understand your options for raising the additional money required to keep your child on the educational path you’ve mapped out for them #EducationFinance #FinancialPlanning #VAT

The government has announced intentions to press ahead with plans to add 20% VAT on private school fees. Marking a significant change to how private education is financed in the UK, the Chancellor has confirmed that this will take place from 1 January 2025. Parents have limited time to review their financial plans and seek advice on how they might best navigate a fee increase. We can help you understand your options for raising the additional money required to keep your child on the educational path you’ve mapped out for them #EducationFinance #FinancialPlanning #VAT

The government has announced intentions to press ahead with plans to add 20% VAT on private school fees. Marking a significant change to how private education is financed in the UK, the Chancellor has confirmed that this will take place from 1 January 2025. Parents have limited time to review their financial plans and seek advice on how they might best navigate a fee increase. We can help you understand your options for raising the additional money required to keep your child on the educational path you’ve mapped out for them #EducationFinance #FinancialPlanning #VAT

The government has announced intentions to press ahead with plans to add 20% VAT on private school fees. Marking a significant change to how private education is financed in the UK, the Chancellor has confirmed that this will take place from 1 January 2025. Parents have limited time to review their financial plans and seek advice on how they might best navigate a fee increase. We can help you understand your options for raising the additional money required to keep your child on the educational path you’ve mapped out for them #EducationFinance #FinancialPlanning #VAT

The government has announced intentions to press ahead with plans to add 20% VAT on private school fees. Marking a significant change to how private education is financed in the UK, the Chancellor has confirmed that this will take place from 1 January 2025. Parents have limited time to review their financial plans and seek advice on how they might best navigate a fee increase. We can help you understand your options for raising the additional money required to keep your child on the educational path you’ve mapped out for them #EducationFinance #FinancialPlanning #VAT

Starting January 2025, the government will introduce a 20% VAT on private school fees. While this change aims to raise funding for new teachers, we understand it will impact many families. #SchoolFees #booksandbusiness #bookkeepingtips #booksandbusiness

Why Use an RESP? It’s About More Than Saving An RESP isn’t just about putting aside money—it’s about unlocking potential! - Build a Safety Net: Rising tuition costs mean education savings are more critical than ever. - Get Government Support: Don’t miss out on the CESG or other provincial grants available in some regions. - Tax-Smart Withdrawals: Students typically pay little to no tax when withdrawing funds for education. Whether you’re a parent, grandparent, or family member, contributing to an RESP ensures your loved ones can focus on learning, not finances. #FutureFocused #RESP #EducationGoals

Your tax credit contributions are key to students across Georgia who depend on this funding for tuition payments, books/supplies, housing, transportation, etc.    The map below shows where these students are attending school, and the list is as diverse as the young adults receiving help. To learn how you can contribute at no cost visit fosteringsuccessact.org #fosteringsuccessact #fosterchildren #fostercare #georgianonprofits #youthempowerment #socialimpact #supportfosteryouth 

Private school parents turn to state schools after VAT on fees Private school parents are increasingly turning to state schools following the Government decision to impose VAT on independent school fees from January 1st next year, new research from Premium Credit’s School Fee Plan, a leading provider of finance for school fees, shows. 👉 Read the full article here: https://lnkd.in/eFF5GD2p #PremiumCredit #SpecialistLender #SpecialistLending #Research #IndependentEducation #SchoolFees #Funding Stewart Ward