Tax-and-your-children

Tax and your children

  • How kids are taxed – on their savings, investments and other earnings
  • Child trust funds explained – what are CTFs, and how they can help your child
  • Find out what tax credit benefits, such as the child tax credit, are available to your family
  • Understand the tax treatment of childcare

What's in this guide

Children and tax

Getting to grips with tax on your children's behalf could boost their savings and your own income

Child trust funds

All children born after 1 September 2002 were eligible for some government money. This ends in December 2010. 

Tax credits

In spite of the name, tax credits do not reduce your tax bill

Childcare costs

If you have to pay for childcare, you may be eligible for help with costs

Which? works for you