Many parents and carers want to give children a solid financial base, yet feel unsure where to begin. The UK tax system offers several wrappers and allowances designed for minors, each with different rules on access, tax treatment and contribution levels.
Saving for a child is not just about handing over a lump sum at 18. It can reduce student debt, fund a first driving lesson, provide a housedeposit boost or even kick-start a pension. Starting early means more time for interest, dividends and tax relief to compound and for annual allowances – such as the Junior ISA limit – to be used before they fall away at each 5 April.
This guide explains the main wrappers and figures that apply in 2025/26, shows how different goals match different accounts, and outlines the ways our firm can lighten the administrative load.
Our team is here to make the process straightforward. We can recommend suitable providers, complete the forms, record gifts for inheritance tax purposes and remind you when reviews are due. Whether you prefer the certainty of a cash JISA, the excitement of Premium Bonds or the long-term boost of a junior pension, we can fit the choice to your goals and budget.
If you would like to explore any of the ideas in this guide, please get in touch. A short conversation today could mean a much stronger financial footing for your child tomorrow.
GUIDE: Children’s savings: Starting their financial future early