Help & FAQs

What are the tax benefits of a Child SIPP?

Child SIPP Accounts offer an automatic 20% tax relief, this could be up to £720 per year when applying the maximum annual contribution limit of £3,600.

Please note:  Selftrade do not offer a Child SIPP Dealing Account at this time, although the service is available through some providers listed on our 'Panel of SIPP Trustee/Administrators'.

Risk Warning:

  •  Value of your investments can fall as well as rise.
  •  Tax regulations can change at anytime.
  •  Cash in a SIPP cannot usually be accessed until the SIPP account holder is 55 years old.
Submitted on 18th Feb 2019

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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