Martin Jones: Making the most of tax wrappers for children

Starting early

clock • 3 min read

For clients looking to put money aside for their children, there are interesting tax wrapper opportunities out there. Martin Jones looks at two of them

I'm always staggered when I see calculations for compound growth. This is especially true when the investors are children given how long their investment horizon might be. And the more your clients can squirrel away tax-free early doors for their children and grandchildren, the greater the compounding effect will be over time. With that in mind, here are two ways your clients can get their kids' investments off to a flying start. Junior ISA to adult ISA transition period (ages 16 to 18) Under current rules, a junior ISA can be opened for a child up until their 18th birthday. The...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Pensions and IHT - is gifting the best option?

Pensions and IHT - is gifting the best option?

‘Advice will be more valuable than ever’

Lisa Webster
clock 22 August 2025 • 3 min read
'Still time' to reconsider IHT/pensions as receipts continue climb

'Still time' to reconsider IHT/pensions as receipts continue climb

But government likely to ‘stubbornly stick’ with proposals, expert says

Jen Frost
clock 21 August 2025 • 3 min read
Financial 'complexities' deterring wealthy families from leaving charitable legacies

Financial 'complexities' deterring wealthy families from leaving charitable legacies

Advisers urged to guide clients as IHT benefits of giving remain underused

Sahar Nazir
clock 20 August 2025 • 2 min read