Junior Individual Savings Accounts (ISA)
Add money to an account
Anyone can pay money into a Junior ISA, but the total amount paid in cannot go over 拢9,000 in the 2024 to 2025 tax year.
Example
If your child has 拢2,000 paid into their cash Junior ISA from 6 April 2024 to 5 April 2025, only 拢7,000 could be paid into their stocks and shares Junior ISA in the same tax year.
You can transfer money between:
- your child鈥檚 Junior ISAs
- a Child Trust Fund (CTF) account and a Junior ISA - contact the Junior ISA provider to arrange this
You cannot transfer money between a Junior ISA and an adult ISA.
If your child moves abroad, you can still add cash to their Junior ISA.
Who the money belongs to
Money in a Junior ISA belongs to your child and cannot be taken out until they鈥檙e 18, though there are exceptions to this.