Tax Benefits and Allowances of Junior ISAs: Maximising Your Child’s Savings in the UK
1. Understanding Junior ISAs: An OverviewIf you’re just starting to look into saving for your child’s future in the UK, you’ve probably heard a lot about Junior ISAs. But what exactly are they, and why is everyone suddenly talking about them? Simply put, a Junior ISA (Individual Savings Account) is a tax-free savings account specifically…
