Articles, tagged with "child trust fund", page 1
UK Taxes and Child Savings - Income Tax
Saving vehicles for children such as the Junior ISA or Child Trust Fund (CTF), are frequently reported as being tax free but it is not always made completely clear which types of tax these vehicles are exempt from and how those taxes would otherwise work....
Teaching Children about Money
Teaching children about money can be a valuable lesson. It can lead to them spending and saving money responsibly as adults. But how can parents help teach their children about this subject?
One way is to start to save on children’s behalf. Opening so...
The New Junior ISA vs The Old Child Trust Fund - Overlap
There is no doubt that the new Junior ISA has been brought in to fill the gap left by the old Child Trust Fund (CTF). They both perform the same function - providing an incentive for parents to save on behalf of their children; to build them a nest egg fo...
How Does the New Junior ISA Work?
The Junior ISA (or JISA) is finally here. After much hype the new savings and investments vehicle for building wealth on behalf of your children was launched on 1st November 2011. If you haven't got to grips with what exactly these new ISAs are and how t...
Affording University - Saving in Preparation
The controversy over the cost of university has recently centered on the rise in tuition fees, however the fact that the mechanics of the system mean that these costs (together with maintenance loan debts) will in practice only become payable when the stu...
Junior ISA Allowance: You Don’t Need it All to Take Advantage
The new Junior ISA scheme, also known as the JISA, will be up and running in November and will give parents a way of being able to make tax free investments on behalf of their children. This articles looks at some ways that parents could look at this oppo...
The Differences between the Junior ISA and the Child Trust Fund
The Junior ISA will be the new savings product for children, and will be available from November 2011. It is a replacement for the Child Trust Fund, which was scrapped early this year. There are similarities between the two schemes, but there are also som...
An Introduction to the Junior ISA
The Junior ISA will likely be launched in November 2011 and has in some ways been designed as a replacement for the Child Trust Fund, which was discontinued after the current government came to power.
What was the Child Trust Fund?
The Child Trust ...
Child Trust Funds - Essential Investors Guide
There are some situations in which it is used to generate a better future for a loved one. That is certainly the case when one is investing in a child trust fund.
A child trust account can be used for investing money that will later be used to pay for ...
Qualifying for Child Trust Funds
Is your child eligible for a Child Trust Fund (CTF)? If your baby was born on or before January 2, 2011, you are a UK resident, and you are entitled for Child Benefit, then you should have received your child’s CTF voucher. You can use the voucher to open...
Youngster Trust Money: The Essentials
Not long ago our son and daughter in law were blessed with the birth of our grand daughter Maisy Leigh, a fantastic child who appears to have a smile on her experience at all times and is a sheer delight to us all. Like all proud grand dad and mom we only...
Investing For Children - Which Options Are Best?
With the potential costs of a university education spiralling, house prices still being relatively high and the cost of weddings increasing, it has never been more important to begin a programme of savings for children and grandchildren.
Added to this...
The End of the Child Trust Fund
The Conservative – Liberal Democrat coalition have begun to make changes to the Child Trust Fund, and will be scrapping the scheme altogether in the new year. The Child Trust Fund was bought in by the previous Labour government with parents given a £250 v...
Why Saving for Your Child Now Can Make a Big Difference Later
There are countless ways you can prepare for your child's future - whether it's encouraging their interests with extracurricular activities, playing an active role in their education at school, or simply reading to them from a young age. One of the most s...
Planning for the Future
With financially uncertain times looming over us, and government cuts penetrating deeper into society, it is a suitable period for some sensible saving solutions. Sooner or later we will all feel the effects of the axe.
Any cuts to public spending are...