CJ

Hi Admin, Thanks for your response. Can you please elaborate on the original question of understanding the split between parent gifts money and grand parents gifts money. You state the interest (over £200 per couple) from a parent's gift is calculated against the parent's tax obligation. That link also states "The £100 limit doesn’t apply to money: given by grandparents, relatives or friends in a Junior ISA or Child Trust Fund" How do we show this split between gifts? Do we track the gifts forevermore and show a simple split on the interest? Or is it recommended to have 2 accounts, one for gifts from a parent and one for gifts from others? Thanks.