To report your child's income on your return, simply follow these instructions and we'll apply the Kiddie Tax calculations. Related Information: What is the Kiddie Tax?
T Accounts The simplest account structure is shaped like the letter T. The account title and account number appear above the T. Debits (abbreviated Dr.) always go on the left side of the T, and credits (abbreviated Cr.) always go on the right.
Key Facts. Proof of residence in the form of utility bills, company letter of introduction or latest bank statement. A Current Account comes with a debit card which allows access to your account 24 hours a day, 7 days a week through our cash machines. With a Current Account you do not need to maintain a minimum balance in your account. However you will need to be earning a specified minimum monthly net income to open the account.