Empower your child or grandchild with a strong foundation for the future through strategic investments. Explore our two distinctive options tailored for their benefit: Junior ISAs and Bare Trusts (please note that Bare Trusts are not available online). These investment avenues are designed to nurture and grow their financial potential, providing a meaningful head start in their life journey.
Utilizing a Junior Investment ISA comes with the advantage of being exempt from both income tax and capital gains tax on investment returns. You have the opportunity to invest up to £9,000 for each child in every tax year. However, the funds will remain inaccessible until the child reaches the age of 18.
Maximize your investment potential by contributing up to £9,000 per child in each tax year, and benefit from returns free from both capital gains and income taxes. This allows you to build a robust financial foundation for your child's future without the burden of tax liabilities on investment gains.
Establishing a direct debit allows you to make consistent monthly savings into the child's account, starting from as little as £25 a month. This convenient and affordable option ensures a disciplined approach to building savings for your child's future, complementing the tax-efficient benefits of the Junior Investment ISA.
Additionally, the Junior Investment ISA has the potential to yield higher returns compared to traditional savings. However, it's essential to note that the value of your investments may fluctuate, and there is a possibility that you may receive back less than your initial investment. It's crucial to consider both the growth potential and associated risks when making investment decisions for your child's financial future.
Furthermore, gain continuous access to your portfolios through our user-friendly online portal and BPS app, providing convenience and flexibility with 24/7 visibility. Stay informed and in control of your investments effortlessly, ensuring a seamless monitoring experience for your child's financial journey.
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