Cost of private education tops £200k

clock

Parents will need to start saving early on to be able to send their children to private school as costs soar.

A recent report has highlighted that, for the average child starting private day school at five and finishing A-levels at 18, parents are looking at forking out a total of £204,609. This increases to almost half a million pounds -£479,269- for children who board throughout their private school education. Bridgit Richards, head of marketing at financial advisers Wesleyan, said: "Our professional customers often aspire to send their children to a private school. It is a big financial commitment, which can be made more affordable if parents start saving early." Parents are being advis...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Government confirms standalone death-in-service benefits exempt from IHT changes

Government confirms standalone death-in-service benefits exempt from IHT changes

'The draft clause was nonsensical'

Jaskeet Briah
clock 17 March 2026 • 3 min read
Tax changes cause increase in client worry

Tax changes cause increase in client worry

More than half now more worried about tax now than a year ago

Isabel Baxter
clock 10 March 2026 • 2 min read
Lords committee calls on government to rethink IHT reforms

Lords committee calls on government to rethink IHT reforms

Warns IHT on pensions will place ‘huge burden’ on personal reps

Isabel Baxter
clock 28 January 2026 • 6 min read