A
anjam
I have a few questions for anyone out there who has the answers.
1) My wife is a home maker looking after our baby, is there any limit to how
much money I can "Gift" her without her having to pay tax ?
2) I invest some of my money is shares and would like to make use of my
wifes Capital Gains allowance and buy shares on her behalf (technically it
will be my money that I "gift" her).
3) Can I buy those shares in my nominee account as long as I keep track of
her investments seperatly or does she need to open a seperate nominee
account ?
4) In a Maxi ISA can you invest the whole 7K in shares ?
Many thanks to anyone who helps,
AS
1) My wife is a home maker looking after our baby, is there any limit to how
much money I can "Gift" her without her having to pay tax ?
2) I invest some of my money is shares and would like to make use of my
wifes Capital Gains allowance and buy shares on her behalf (technically it
will be my money that I "gift" her).
3) Can I buy those shares in my nominee account as long as I keep track of
her investments seperatly or does she need to open a seperate nominee
account ?
4) In a Maxi ISA can you invest the whole 7K in shares ?
Many thanks to anyone who helps,
AS