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 £9,000 in the 2024 to 2025 tax year.
Example
If your child has £2,000 paid into their cash Junior ISA from 6 April 2024 to 5 April 2025, only £7,000 could be paid into their stocks and shares Junior ISA in the same tax year.
You can transfer money between:
- your child’s 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’re 18, though there are exceptions to this.