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Baby's Account
chirpychick
Posts: 1,024 Forumite
Does anyone know if our IVA affects us setting up a bank account for our baby?
Everything is always better after a cup of tea
0
Comments
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Shouldn't do, unless you try opening an account with a provider that got screwed over in your IVA proceedings and they decide they don't want your business anymore.
Have a read at http://www.moneysavingexpert.com/savings/child-savings-tax-free for some options.0 -
There are taxation rules that you should check out. Plenty of references on threads which refer to kids savings, or you can search the HMRC website.0
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