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ISA in my sons name

Can I maximise my tax free saving by buying a cash ISA in my son's name over 18years (with his permission) even though he does not reside with me?

Comments

  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    Part of the Furniture Combo Breaker
    Only if you gift him the money and accept that it his to do with what he wishes.

    Anything else is fraud.
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
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