Do we have to pay zakat on money kids received as gifts?

So if it is a zakatable amount, then yes, according to the majority of scholars, you would pay zakat on that particular money Because it's the right of the poor and the needy and so on In the Hanafi madhab, however, they say that no, you do not need to pay zakat on their wealth until the child reaches puberty However, as I mentioned, the first view is the safer view in this particular case And remember that whenever you give money or sadaqah or anything of that nature, Allah subhanahu wa ta'ala will always return it back to you multiple times