shares for children- tax-free shelter?

J

JEZZA

Guest
I am setting up a custody account with my bank for online share -dealing and want to buy some bluechip shares for my children. Is there a way to avoid paying tax either on the income or capital gains ( as in the UK where there are ISAs and child trust funds)?
Where would be a good source of information re this question?
(sorry about the caps-fixed it now)
 
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