Give your child a head start in life
Our Children's Tax Exempt Plan can help you provide a cash sum for your child to give them a head start in life when they need it the most. The money could go towards university costs, their first car or a deposit on their first home.
- You can save £25 per month (£5.76 per week) for each child
- You can choose how long you wish to save for, from 10 to 25 years (at least until your child's 16th birthday)
- You can even benefit from tax efficient saving as the cash sum paid to your child is tax free.
As the contributions are invested in a fund which holds assets including stocks and shares, the value of the plan may fall as well as rise and your child may get back less than you have paid in. Tax rules may change in the future and depend on individual circumstances.
Please read our in detail product information, which explains more about how the savings plan works, its benefits and risks. Don't hesitate to get in touch if you have any questions.