Junior Individual Savings Accounts (ISA)

Skip to contents of guide

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 2023 to 2024 tax year.

Example

If your child has £2,000 paid into their cash Junior ISA from 6 April 2023 to 5 April 2024, only £7,000 could be paid into their stocks and shares Junior ISA in the same tax year.

You can transfer money between:

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.