Paypal account for my 13 year old son who is earning small amounts online (gaming)

[pmc1709]

My son is a bit of an entrepreneur and has been earning small amounts online which is being paid into my Paypal account and I give him the cash. It is fine but I think it would be better for the payments to go directly to him (cutting me out as the "middle man").

Is there a paypal account I can set up in his name as an under 18 year old. I don't want to get into trouble with the tax man- this is not my earnings but my son's so he is exempt from paying taxes or NI at his age. Please can anyone advise?

Many thanks

PMC1709

[kernowlass]

@pmc1709

You have to be 18 to open a paypal account, if he opens one underage it will be limited and he may not then be able to open one when he is 18.

[pmc1709 · Accepted solution]

Ok. I thought there was such a thing as a child's PayPal but under the umbrella if the parents account. I must have misread this. Maybe it was only in the US (?) Would be a lot easier if I was not having to "accept" every $1 payment being made to my son online. Oh well. Guess there is no child's version if PayPal after all. I am sure I read about Student accounts too (?) Thanks for your response though.

[kernowlass]

@pmc1709

There used to be student accounts in the U.S but Paypal has even stopped those now.

[pmc1709]

It's a shame. Thanks though

[Viper2]

Please I am so sorry for posting this but I am in need can i get help.

Please anything is appreciated Thanks!