Am a bit confused about junior ISAs and what best to do. DC1 has a CTF which we pay into each month. DC2 could get a junior ISA. Ideally would like them to have the same setup but obviously DC1 cannot have the ISA and DC2 cannot have a CTF.
Is the junior ISA the only way we can do stock and share investments for them? Could I not get the same product but not as an ISA and just sign a tax exemption thing like you do with a bank account. Thus it's not ISA but still tax free.
I don't want to do an ISA in my name and give to them later in case we want to use our own allowance.
TIA
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3 replies
Spagbolagain · 11/03/2012 09:02
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