Junior ISA - Junior Individual Savings Account For Children.

Junior ISA - Tax free ISA for children & grandchildren from Tax Free Junior ISA .co.uk Compare Junior ISAs Online now.


	Junior ISA

	A Junior ISA (Junior Individual Savings Account) offers a simple and transparent way to save for your child or grandchild’s future. A Tax Free Junior ISA has all the benefits of a regular ISA in that your child will not pay any income tax on any return / interest earned by the savings account.

A Junior ISA can help cover the expensive cost of going to University

This Junior ISA Account offers you the choice of 3 different types of funds to choose from dependent upon the type of investor you are(cautious, balanced and adventurous)

Our Ethical Junior ISA is for the more socially responsible investor. This ISA does not directly invest in the tobacco, alcohol and firearms industries.

This Junior ISA is fully Shariah compliant and your funds are invested inline with the Islamic Investment Guidelines along with advice from the Sharia Advisory Board..

Junior Individual Savings Accounts are a great way to create a nest egg & help provide some financial backup for your child when they reach adulthood and can be used to pay for their university fee’s or even help them set a foot on the property ladder.

The same limitations, benefits and rules that apply to a regular stocks and shares ISA also apply to a Junior ISA for children which include:

Once you have deposited money into a Junior ISA and provided it stays there, it will be tax free year upon year.

Does your Child already have a Child Trust Fund? Click here for important information.

Once your child has reached adulthood (currently 18 years of age) they are able to withdraw their cash whenever they want without losing any tax benefits. Management of the account will pass onto the child once they reach 16 years of age.

Tax Free Junior ISA’s are covered by the FSCS / Financial Services Compensation Scheme so you can be sure your investment is safe.

The annual Junior ISA Tax Allowance is currently £3720 (2013/2014 tax year).

Parents, grandparents, friends and anyone else with an interest in the child’s financial future can contribute to their Junior ISA (provided the total amount is no more than the annual limit).

There are two types of Junior ISA: A cash Junior ISA and an Investment Junior ISA (Stocks and shares Junior ISA) and each child will be able to hold one of each account with different providers should they wish but the total combined investment allowance between the two accounts remains at £3720 (2013/2014 tax year).

Junior ISAs are available to any child born on or after 3rd January 2011 and any child under 18 years of age born before September 2002