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Law > Money

Parenting Money
Advice on money matters for specific groups of parents, including lone parents, widowed parents, parents with disabilities and those on a low income.

Your Child's Money
Children's bank accounts, saving schemes for children, and advice on gifting money to children.


Lone parents
If you are bringing up a child alone you may be entitled to some financial help. More>
Two towers of coins Children's bank accounts
When opening a child's savings account, you need to consider things like interest, accessibility and taxes. More>
Widowed parents
As a parent, you may be entitled to some financial assistance if your partner dies. More>
Piggy bank Saving schemes for children
How to secure your child's future with Child Benefit, the Child Trust Fund or an investment plan. More>

Low income
If you are on a low income you may be able to get financial help for a variety of reasons. More>
Gifting money to children
Different tax rules apply to money and property that is gifted to children, depending on its value and the way it is given. More>
Child Benefit
Child Benefit is a universal payment for people who are bringing up children. More>
Rolled up receipts Special tax rules for gifts from parents
Parents who give their children large sums of money may have to pay tax on the interest it earns. More>
Child Tax Credit
Child Tax Credit provides financial support to families with children. More>
Child Trust Fund
No matter how much you earn, your child is entitled to some money from the Government. More>
Leave and Pay

Adoptive parents leave and pay
Whether you are adopting a child from within the UK or abroad you may be entitled to adoption leave and pay. More>
Maternity leave and pay
If you are pregnant or have recently given birth you have a number of rights at work. More>

Overseas adoption leave and pay
Employees are entitled to take paid leave when they adopt a child from overseas. More>
Paternity leave and pay
New fathers may be able to take time off to be with their new child. More>
 

 

 

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