Tag Archives: Junior ISA

New tax-free accounts for children

Good news for young families. The Treasury has set out proposed rules for the new Junior ISAs that will be available to young savers from November 2011. Children will be allowed to hold one cash fund and one equities fund, with the total contributions limited to GBP3,000 a year. All returns  are tax-free. The funds […]

Budget Update – ISAs

The annual ISA subscription will increase from £10,200 to £10,600 from 6 April 2011 (of which half can be invested in a cash ISA). More interestingly, it is anticipated that Junior ISAs will be available from autumn 2011 for any UK-resident child who is under the age of 18 and who does not currently hold […]