Christmas is about giving something that really matters. Imagine a gift that lasts long after the festive season - a gift that could help your child or grandchild reach life’s biggest milestones, such as:
- Their first car
- A dream trip abroad
- College education
- A deposit for their first home
Instead of cash that disappears, an investment gift can grow over time and help secure their future. With Aviva, you can make tax-smart gifts that are simple to set up and designed to grow with them.
Regular savings – little by little, it adds up
- Give up to €3,000 per year per child (or €6,000 per couple) without affecting their lifetime tax-free allowance Footnote [1] .
- Start from just €100 a month.
- Growth isn’t counted as a gift for tax purposes.
- Adults manage the funds until the child reaches 18.
Example:
This Christmas, Katie’s parents wanted to give her something more meaningful than toys. They invested their Child Benefit allowance of €140 per month Footnote [2] into an Aviva Children’s Savings Investment Trust. Over 10 years, assuming 6% annual growth and allowing for charges, their gift could grow to about €20,000 before tax by the time Katie turns 18 Footnote [3].
Katie’s grandparents decided to go even further by using the full annual gift allowance. They invested €6,000 per year for Katie for ten years through Aviva’s Children’s Savings Investment Trust. Under the same assumptions, their contribution could grow to over €70,000 before tax, giving Katie a strong financial foundation for her future Footnote [3] .
| Warning: These figures are estimates only. They are not a reliable guide to future performances. |
Lump sum investment – a bigger start for their future
- A child can receive up to €40,000 from grandparents and €400,000 from parents over their lifetime without paying tax4.
- Start with a lump sum from €10,000.
- Irish Revenue does not treat investment growth as an extra gift.
- Adults manage the funds until the child reaches 18.
| Warning: These figures are estimates only. They are not a reliable guide to future performances. |
Example
John and Mary, proud grandparents, want to give their newborn grandchild a meaningful start. This Christmas, they gift €40,000, which is within the tax-free limit for grandparents. They invest this in the Aviva Children’s Investment Trust. After 18 years, that gift could grow to around €70,000. The first €40,000 is tax-free, and the extra €30,000 growth only attracts exit tax, which Aviva deducts and pays to Revenue—not CATFootnote [4]
| Warning: These figures are estimates only. They are not a reliable guide to future performances. |
Why choose investments over cash?
With an investment you’re not just giving money—you’re giving possibilities. A thoughtful investment today could help them take their first steps toward a brighter future.
Ready to make it happen?
Talk to your financial broker today about Aviva’s savings and investment options. They’ll guide you through the best solution for your family.
Find a financial broker and learn more about saving for children with Aviva.