Junior ISAs

updated: February 5, 2012

To obtain a copy of our Guide: Junior ISAs please click here.

The Junior ISA is a welcome replacement for Child Trust Funds although only time will tell if it will be valued by parents and grandparents any more than its predecessor.

Up to £3,600 can be invested in a Junior ISA in the current tax year and again in the next tax year (ie to 5 April 2013). After that the limit will increase in line with the Consumer Price Index (CPI) in the same was as for standard ‘adult’ ISAs. 

Each eligible child can hold one cash and one stocks and shares ISA. There is no limit within this as to how much can be invested in cash or in stocks and shares accounts.

To obtain further information please click here for our pdf Guide to Junior ISAs.