When we admit or children in private schools, there huge expenditure in the form of school fees. Are there any tax exemptions available for the expenses we make on children's education?
If there are two children, then about 1500 goes in the school fees straight away. About 1000 for housing, another 1500 for living.. The expenses are mind boggling...
It looks like we have to receive at least 75,000 pounds as salay (which gives about 50,000 after tax) for comfortable living, with almost no savings.
Can anyone -who is already in UK- suggest how they are managing these much expenses?
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