Start saving for a child’s future by investing in a Stocks and Shares Junior ISA on their behalf.
A Junior ISA (JISA) is a tax-efficient way to save for your child, and pay no income tax or Capital Gains tax on any returns. The Junior ISA allowance for the 2019/20 tax year is £4,368, and you have until 5 April 2020 to use it. Control of the ISA passes automatically to your child at age 18.
Important information - please keep in mind that the value of investments can go down as well as up so you may get back less than you invest. The value of tax savings and eligibility to invest in a Junior ISA depend on personal circumstances. All tax rules may change in future. Withdrawals from a Junior ISA will not be possible until the child reaches age 18.
- Invest your child’s ISA allowance in a wide range of funds, ETFs, investment trusts and individual shares
- Get instant access to your investments and our online planning tools
- Manage and track your child's Junior ISA easily at any time through your secure online account
- Speak to someone at our UK call centre six days a week on our freephone number
At a glance
- Open a Junior ISA account on behalf of your child; it will pass automatically to them at age 18
- Invest up to £4,368 during the 2019/20 tax year and pay no income or capital gains tax on the returns
- Start a regular savings plan from as little as £50, with the whole family able to contribute
- Pay a reduced service fee of just 0.2% as a benefit of being a Cavendish Online client. For investments over £200k a further reduction on service fee to 0.15%
- Pay an Ongoing Fee of 0.05% to Cavendish Online
Your Junior ISA checklist
Make sure you have the following information with you:
- A National Insurance number for the junior account holder (if they have one)
- Debit card details (for a single payment)
- Bank or building society details (if you’re planning on setting up a regular savings plan)
Junior ISA FAQs
Best Investment ISA
The Moneywise judges were looking for Junior ISA platforms that offered access to an attractive selection of investment funds, good value for money, and a website that is easy to use and offers the right level of support for novice investors.
This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.