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The Hargreave Hale Junior ISA
A Junior ISA is a tax efficient savings and investments account which allows parents, other family members and friends to contribute, save and invest on behalf of a child. There are two alternative types of Junior ISA either in a "cash" or "stocks and shares" Junior ISA. A child will be able to hold one of each of these accounts as long as the amount contributed stays within the annual limit set by HMRC. However, the child cannot gain access to these accounts until they are 18 years of age, and no money can be withdrawn from the account until this time.
We can help manage your child's Junior ISA (JISA)
The Hargreave Hale stocks and shares Junior ISA has all the benefits of a regular stocks and shares ISA in that your child will not pay any income tax on any return / interest earned on investments within the Junior ISA wrapper nor will they pay any capital gains tax on these investments.
Our Managed Junior ISA means you can invest automatically into one of the funds run by Giles Hargreave and his team of investment managers, as well as the Marlborough Extra Income Fund which is run by another of our portfolio managers. There are no ISA administration charges to pay with these investments.
If you would like a more flexible option, we also offer a Self-Select Junior ISA which allows you to invest in a wider range of investments including any UK or foreign company listed on a recognised stock exchange, or any fund or investment trust, which meets the Revenue’s ISA rules.
If you’re in our Discretionary or Investment Managed Accounts your portfolio manager would also look after your Junior ISA needs.
How much can be invested in a Junior ISA?
The current annual Junior ISA subscription limit is £3,600 per year.
Parents, grandparents, friends and anyone else with an interest in the child's financial future can contribute to the Junior ISA, provided the total amount is no more than the annual subscription limit.
Tax benefits depend on individual circumstances, these and subsription limits maybe subject to future changes.