|
A Cash Junior ISA or Junior Cash ISA is a childrens individual savings account just like a regular Cash ISA but the funds cannot be accessed by the child until they reach adulthood and are also known as ‘Tax Free Cash Savings Account For Children’.
Any income generated from interest occurred on the savings is free of both income tax & capitol gains tax and it is a great way to help provide financially towards university fees, their first car, their first home, gap year etc.
To open a Junior Cash ISA Savings Account you need to be a UK resident who is eligible to pay UK taxes.
Please note that we do not offer a Cash Junior ISA Account.
Alternative products you may be interested in:
|