read this: https://www.ii.co.uk/ii-accounts/sipp/junior-sipp-vs-junior-isa
so Junior SIPP gains are taxable i.e. I have to declare for self assessment ?
Is that the only diff?
The only reason I stopped paying into Junior ISA was because the kid gets control on their 18th birthday, I dont want that.
SIPP (junior or normal) gains are tax free.
Differences between junior isa and junior SIPP are when you can access and how much tax relief you get
ah ok but in both products the control to withdraw is with the child when they become 18 right?
@Matt101 started
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read this: https://www.ii.co.uk/ii-accounts/sipp/junior-sipp-vs-junior-isa
so Junior SIPP gains are taxable i.e. I have to declare for self assessment ?
Is that the only diff?
The only reason I stopped paying into Junior ISA was because the kid gets control on their 18th birthday, I dont want that.