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The value of investments and any income from them can fall as well as rise. You may not get back the amount originally invested.
The tax efficiency of ISAs is based on current rules. The current tax situation may not be maintained. The benefit of the tax treatment depends on the individual circumstances. The value of your stocks and shares ISA and any income from it may fall as well as rise. You may not get back the amount you originally invested.
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Download and Read the Junior ISA guide
This information is based on our current understanding of the rules for the 2019/20 tax year. The current tax situation may not be maintained. The benefit of the tax treatment depends on the individual circumstances.Download
A Junior ISA (Individual Savings Account) is a great way to build a valuable savings pot for your child’s future – tax free.
If you’re a parent or legal guardian you can start a Junior ISA stocks and shares account for each of your children up to the age of 18* and invest up to £4,368 in the 2018/19 tax year.**
* The child must be living in the UK at the point the Junior ISA is started with the exception that you can still open an account for a child that is living abroad if you are a Crown servant (in the UK’s armed forces, diplomatic service or overseas civil service, for example) and the child depends on you for care. If a child moves abroad after a Junior ISA has been started, it can continue to receive additional contributions.
** Maximum contributions for the tax year 2019-2020. A Child Trust Fund (CTF) cannot be held as well as a Junior ISA - the CTF will need to be transferred to the Junior ISA.