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Daily Archives: 20 February 2024

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Tax Saving School Fees

Tax Saving School Fees Schemes for Dentists: Why They Don’t Work

Associate, Blog, Limited Company, PracticeBy Nathan Holmes20 February 2024

Tax saving school fee schemes aimed at dentists with a company have been marketed by accountants and tax advisers, offering the opportunity to save on taxes while covering private school fees. These tax saving school fee schemes promise to reduce a dentist’s tax burden by over £4,000 per child annually. They involve the dentists transferring…

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