A Junior ISA (Stocks and Shares) is one of the best saving vehicles for children under the age of 18. It provides a foundation for a child’s education and parents, grandparents, or other family members can contribute up to a maximum of £9,000 per annum. Although the annual contribution is currently capped at £9,000 for the current tax year, there are no limits on how much you can build up over time. In addition, all returns are exempt from Income Tax and Capital Gains Tax (CGT). This allows parents to lay the foundation for their children’s financial future through a long-term tax-free savings plan.