Chronicle 2017
Total Page：16
File Type：pdf, Size：1020Kb
Chronicle Chronicle 2017 Chronicle 2017 Have you started planning your family’s educational future? Alison Beattie Let their story begin... Senior Tax Manager Henderson Loggie During my initial training sessions on Neish’s with the 1st XV, I turned to see two Third Form players watching. I beckoned them over, Were you aware that the costs of accommodation, living and asked their names, what they had been doing at training and what they additional expenses for a typical Scottish University student had learned. As we turned to watch the senior team, I began to understand range from around £10,000 to £15,000 per child per year? That’s a large sum for parents to find, particularly if you have what it means to be a 1st XV player at Glenalmond. more than one child. These two young players proceeded to give me a running commentary. Is it possible to fund these costs in a tax efficient way? If you own shares in a private company and receive dividends They could name every player. At times an excited, “There’s Andy” or from your shares, you should consider arrangements that could “Kaleem is a great player” would be exclaimed and the young boys’ provide significant savings. questions turned to how they could improve their future performance. We can assist you in making significant savings by providing a solution. Our planning involves using a Trust, through which the dividend payments are directed. The shares are transferred into a Trust and dividends declared on those shares. By appointing an interest in the Trust’s income to your child or children, the dividends are taxed at their personal rates of tax rather than at your higher or additional rates of tax. How much could I potentially save? As an example, if your child requires net income of £12,000 to fund their accommodation and living costs you may have considered taking extra dividends to enable you to fund the University costs. This involves additional costs to the company and additional tax costs to you as an individual particularly if you are an additional rate taxpayer. The figure shown on the right is We discussed the merits of enjoying the game, of practicing skills and the potential saving per child per year when using our maintaining fitness. We talked about their aspirations in rugby and their planning solution rather than funding the cost from your own net income. answer was simple – to play for Glenalmond’s 1st XV. Young players like these two boys look to the next level for inspiration. They did not say they wanted to play for Scotland. To me this is a vital lesson and one that must not be lost in the day-to-day NEED MORE ADVICE OR A SECOND OPINION? £14,772 hurly-burly of education. Every player who comes to Glenalmond must Potential Saving per child per year have the same opportunities and, with hard work and the correct coaching and development, anything is achievable, whether it is playing for the 01224 322100 The savings have been calculated based on the additional dividend the company would have to declare and the tax on the dividend at additional 1st XV, or indeed, Scotland. rates to provide a net receipt for the individual of £12,000. For individuals [email protected] who are not additional rate taxpayers but have other income there will still be savings through using the Trust approach. The example is for Their journey has started here. Aspiration and vision is the true spirit of illustration purposes only and should not be relied upon without advice specific to your circumstances, particularly in relation to taxation. Glenalmond, whatever your chosen path or interest. Together we create a fantastic legacy. Graham Smith, Head of Rugby 1 Glenalmond College | ChronicleABERDEEN 2017 DUNDEE EDINBURGH GLASGOW Glenalmond College | Chronicle 2017 2 Academia - the centre of our world Holders of Awards 2016-2017 Sub te, spiritus et sanguinem et patriam receperunt studia A Glenalmond education is Our model for learning is based upon four about. We make no excuse for our classrooms Major Academic Awards underlying principles; expectation, engagement, being demanding and ambitious places where Gladstone Memorial Scholarship Jennifer Cochrane about many things. We are, motivation and reflection. These values apply each and every pupil becomes hooked and Maudslay Scholarship Scarlett Hamilton equally to the whole school community - excited. Lessons take them on intellectual Arthur Gowan Scholarship Katherine Wallace Hugh Wallace Scholarship Charlie Hogg understandably, proud of myriad pupils, teachers, tutors, academic heads and journeys every single day, applying serious Alfred Raeburn & William Bright Scholarships James Arnaud W C Hayward Scholarship Adam Loudon senior leaders. Our aim remains very simple: cognitive strain to all. Dr & Mrs J Simpson Scholarship Ella Robson George Craig Scholarship Annie Maclachlan opportunities in the arts, sport, to continually raise attainment, ambition and Such an environment results in pupils with E W Neish Scholarship Juliet Porter William Bright Scholarship Ellie Kirkland excellence in all aspects of school life. music, CCF, outdoor activities growth mind-sets; where the appetite for Gavin Nicholson & William Bright Scholarships Charles Hamilton Arthur James Paterson Scholarship Sophie Baird Glenalmond College has an enviable record of learning and improvement is driven by them. Nevile McQueen Scholarship James Anderton George Gibson Scholarship Rowan Heron and our many enriching clubs academic attainment - one which continually An ability to think independently is our ‘industry improves - but we will never cease in our standard’ while pupils secure knowledge that is Moncrieff Scholarship Jocelyn Pringle Graeme Robertson Scholarship Gregor Cochrane and societies. Fundamentally efforts to get better still. We know that with the both resilient and transferrable. Andrew Innes Scholarship Susan Anderton John Gordon Scott Scholarship Alexander Wallace best teaching, every pupil will excel, no matter Attaining academic excellence at the highest though, academic education their starting point. The fact is celebrated that possible level, reaching beyond an individual’s College Scholars Sandy Steuart Thomas Jeffers Angus Grierson these improvements will be discernable, not remains our core business. potential, both in examinations and in more Fothringham Iona Landale Myles Root only in exam results but in each individual’s diverse contexts, is our modus operandi. A great Georgina Flowers Violet McGrigor Ellie Ridley depth of learning and understanding, It is a learning environment will produce significant Lev Beliaev-Bakhotskii school in which all young people flourish. Ella McIntosh Alexander Wallace change in both ability and attitude. (Mathematics) Euan Moncreiffe Charlie Bradshaw A learning environment where pupils are Johnny Roberts Ben Morrison engaged, enthused and inspired is what we are Rosie Forsyth Armorel Robinson Music Exhibitioners Clara Cameron Myles Root Rory Root (The Jean Laura Landale “Arriving later than most to of having international students at school. It is such an Wainwright Award) Anastasia Nairne amazing opportunity and helping them improve their College Exhibitioners Mary Harvey-Crawford Tristan Kinge English is unbelievably rewarding. Glenalmond in Fourth Form (as a Jock Stodart Louisa Leckie Organ Scholar Alexandra Milne Set Three, bottom, student) was, in Moving onto A Levels, I continued to feel more Thomas Jeffers Maisie Sinclair confident. However, I knew that my offer to Bath Beatrice Reynolds Araminta Gow Piping Exhibitioners Miles Kinge reflection, the kick-start I needed. University, with two As needed in French and Spanish, Catriona San Edward Hannay Cameron Bullard was going to be tough: at the start of the year I think Alexandra Milne Eleanor Bett Edward Hannay I had to motivate myself to catch I was sitting on low Cs. Something clicked when I got Armorel Robinson Joshua Davey Duncan Kilpatrick my offer. I decided to learn every little bit of vocabulary, Adam Kirkland Louisa Forsyth up with the rest of my year group. write out every verb in every tense that I couldn’t Beatrice Threipland Charles Hamilton Choral Scholar Katie Bradshaw conjugate and even translated airline travel magazines I clearly remember, during my first into English on boring flights! I just did not want to go Jack Cross Rosie Porter Glenalmond year, struggling to conjugate a simple into that exam hall without having tried my hardest. Kaleem Barreto Sofia Roberts Art Scholars Teddy Dickson Rory Sandison Rosanna Rolfe Francis Moray Parker Although I would say my final grades in French (A*), Ben Humphries Katherine Wallace Beatrice Threipland Journey verb, I was useless. Spanish (A) and Art (A), were down to sheer hard Joshua Davey Tianqi Zhang However, I knew that I needed to improve and a large work and dedication, I wouldn’t have achieved this Outstanding Kaleem Barreto Tilly Scovell Annie Porter part of achieving this was meeting a French girl, called without the excellent support of the MFL and Art Eztitxu, who was on exchange at our school. I ended up departments. Mrs Baldwin, Dr Murie, Mrs Reynolds, Sixth Form Award Othniel Osaghae Talent Award Jack Cross spending two weeks with her and her family in France Mrs Davey and Mr Wang (in Art) were constantly there Lauren Donnelly Cameron Grieve Art Exhibitioners Polly Armstrong- and, after this incredible experience, I was far more for all of us, at any time of the day, be it academically James Goodall Hamish Halley Wilson confident of my ability to speak and communicate in or for pastoral reasons. Bofu Dong Andrew O’Neill Isabella Holliday French. By the end of that year, I found myself in Set Holly Mitchell I honestly can’t recommend taking a language or Ziyue Su Charlie Robinson Two and achieving an A* at GCSE. Noah Moray-Parker two at A Level more highly. With such an amazing Eleanor Skinner Robert Bailey One thing I would really encourage anyone thinking support team, and hard work, anything really is Second Form Award Olivia Wise Johnny Roberts about studying languages to do is to make the most possible.