Budget 2020: You can save thousands more for your kids tax-free under new rules

mirror.co.uk:

When new Chancellor Rishi Sunak sat down at the end of his Budget speech, he left a lot unsaid. The full details of the 2020 Budget were instead published in a 128 page document issued by the Treasury, and hiding in among the tax tables and policy detail was a rather important snippet.

From next month the amount of money you can save for your children tax-free in a junior ISA is more than doubling - from £4,638 to £9,000.

Myron Jobson, from Interactive Investor, said: "This year’s Budget announcements proves that the devil is in the detail with some of the juicy policies affecting personal finances buried in the Budget document for whatever reason. "One of the more eye-catching announcements is the doubling of the Junior Isa and Child Trust