Should the EMA be scrapped or did it improve prospects?

The EMA was introduced to encourage those from low income families to remain at school longer and achieve better qualifications which in turn should improve employment prospects. However, there are those that believe that education is not only a right but a privilege. With millions of children stuck in poverty globally who live in desperate hope of a decent education, and wouldn't dare dream about being paid to attend school, should we be paying £0.5 Billion a year extra on our education bill? Whatever your views this is certainly a hot potato at the moment and we'd love to hear you views.....

Why do I need school fees planning advice?

Regardless of your financial situation there are always good reasons why you should plan your school fees payment. Eighty percent of parents pay their childrens' school fees directly from income. Whether the fees are readily affordable or not, this is unlikely to be the most efficient way to pay school fees. Whatever your circumstances are, the cost of school fees can be reduced.

In summary school fees planning advice will:

• Maximise your wealth by taking advantage of investment, pension and tax planning
• Make fees affordable by spreading the cost, minimising borrowing and maximising investment returns
• Ensure continuous education for your children
• Minimise inheritance tax through trust planning

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