Surrey Business Magazine - issue 52

Page 24

Invest for your child’s future in the new tax year Saving and investing money on behalf of children or grandchildren could make a big difference to their future, helping them to pay for university or even put down a deposit on their first home. With a new tax year upon us, there is no better time to ensure you’re investing as tax efficiently as possible for your children.

A simple and tax-efficient way to save money for children is to invest through a Junior ISA. If you begin early, your child or grandchild could have a substantial sum of money by the time they turn 18, giving them an important financial leg up as they enter adulthood.


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