Opinion

A quick guide to investing for kids (and how to deal with tax)

If the income earned is linked to a child’s tax file number, there will be no capital gains tax when they turn 18.

Balaji GopalContributor

Dec 5, 2023 – 7.16am

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A common question from parents is, what’s a good way to invest for my children?

Start off by working out what you can afford to invest within the confines of the household budget.

Balaji Gopal is head of financial adviser services, Vanguard Australia.

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