Junior ISA

Junior ISAs have quickly become a popular way for family and friends to build up tax-efficient savings and investments to help with the cost of university, provide a deposit for a house or simply give eligible children a great start in life.

Junior ISA features

• Allowance of £3,720 per child per tax year
  
• Account held in child's name
  A parent or guardian can open and manage the child's account.
  
• Anyone can contribute to a child's Junior ISA
  Once a parent or guardian opens the account for their child, anyone, friend or family, is able to make a contribution up to the annual limit.
  

  Top up a Junior ISA

• No withdrawals permitted until age 18
  When the child reaches 18 their account is automatically converted into an 'adult' ISA and they are entitled to full access to their investments and savings.
  
• Same tax benefits as an adult ISA
  No capital gains tax and no further tax on any income. Interest on cash is paid gross. Please remember the value of tax savings depends on the child's circumstances and tax rules can change over time.
  
• Cash or Stocks & Shares
  Like adult ISAs, there are two types of account. Children will only be able to hold one Cash Junior ISA and one Stocks & Shares Junior ISA at any time.
  

Who is eligible?

Any child resident in the UK who wasn't eligible for a Child Trust Fund (CTF):

• Children born on or after 3 January 2011
• Children (aged under 18) born on or before 31 August 2002
• Children born on or between 1 September 2002 and 2 January 2011 who didn't qualify for a Child Trust Fund. Note that most children born between these dates did qualify for a CTF.

Vantage Stocks & Shares Junior ISA

Vantage offers a market-leading combination of price, service and information. You will be able to invest in any of the thousands of funds on offer from all the leading managers including Fidelity, Jupiter and Invesco Perpetual. Alternatively, you will be able to invest in shares, investment trusts, corporate bonds, gilts or ETFs using our low-cost stockbroking service. Please note, all investments can fall as well as rise in value so you could get back less than you invest.

You can have the flexibility to choose where you want to invest and some of the best fund discounts available.

• Wide investment choice

  Choose to invest in over 2,500 funds, shares, exchange traded funds, corporate bonds, gilts and much more.

• Market beating savings

  Initial savings of up to 5.5% on more than 2,400 funds could save you as much as £204 on a £3,720 subscription, plus you could receive loyalty bonuses of up to 0.5% every year after you invest. Find out more about fund charges and discounts.

• Easy to manage

  Manage your child's Junior ISA online with our award winning website, by phone, post or with our new smartphone app. Plus receive regular information on your existing holdings and new investment opportunities.

The Vantage Junior ISA is primarily designed for investors who make their own decisions and we provide a host of research and investment ideas, online and by post, to help you get the best returns. You'll receive a free subscription to our Investment Times newsletter - packed full of investment ideas to help you make your own well-informed decisions and make the most of your child's ISA. However, if you are unsure whether an investment is suitable for your circumstances you should seek advice.

What our clients think:

Open a Vantage Stocks & Shares Junior ISA

You can open a Junior ISA for an eligible child quickly and easily online.

You can start investing for your child from as little as £50 per month or a lump sum of £500. Once your child's account has been opened by a parent anyone can make a subscription e.g. parents, grandparents, friends and relatives.

Open a Vantage Junior ISA

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