14 February 2014
Help with school fees?
A politically sensitive subject and generally a definite non-starter. However if the child's grandparents are able to subscribe for shares in the parents' company, at market value, and if the grandparents subsequently gift the shares to a Trust (probably a Bare Trust but potentially a Discretionary Trust) the dividends would not be taxed on the parents or grandparents and the child can contribute towards their own school fees. Care must be taken if considering such course of action.
