What to do with National Savings Certificates?
#1
What to do with National Savings Certificates?
Hi
I wondered if anyone else had any National Savings Cerificates - Childrens Bonds. My 2 boys have 2 each & I wondered what others had done with them.
I have spoken to them & they advised that they can leave them in - we let them know our new address. When they mature - they will write to us & we sign a form send it back & they will send a cheque in UK £ which can be banked. Just wondered what the position is tax wise. Is there an equivalent type of thing in Oz - and would it be worth withdrawing the money here & then putting it into something when we get there?
Sorry it is a boring one again
pockygoes
I wondered if anyone else had any National Savings Cerificates - Childrens Bonds. My 2 boys have 2 each & I wondered what others had done with them.
I have spoken to them & they advised that they can leave them in - we let them know our new address. When they mature - they will write to us & we sign a form send it back & they will send a cheque in UK £ which can be banked. Just wondered what the position is tax wise. Is there an equivalent type of thing in Oz - and would it be worth withdrawing the money here & then putting it into something when we get there?
Sorry it is a boring one again
pockygoes
#2
Me, 2 kids and the wife
Joined: Feb 2004
Location: Adelaide
Posts: 99
Re: What to do with National Savings Certificates?
Pocky very good questions, as we have these as well and I never at it never even crossed, my mind...
#3
Re: What to do with National Savings Certificates?
Yeah - I hope that someone has already dealt with this and has the answer.
Thanks
Pockygoes
Thanks
Pockygoes
#4
Re: What to do with National Savings Certificates?
thought i would bump this one in case anyone has any info
pockygoes
pockygoes