Junior ISA

A Junior Individual Savings Account (Junior ISA or JISA) is a long-term, tax-efficient savings option, designed to help parents and legal guardians put money aside for a child under 18 who lives in the UK. The account is opened and managed by the parent /or legal guardian in the child’s name. once the child turns 18, the funds transfer to them.

Why consider a Junior ISA?

• Tax Efficiency: Any money earned within the Junior ISA is not subject to income tax or capital gains tax in the UK, allowing for more growth over time.
• Long-Term Savings: The funds in a Junior ISA are locked away until the child turns 18, preventing early withdrawals and helping to ensure the money is available for significant expenses like higher education or a first home.
• Annual Contribution Limit: Parents, guardians, family, and friends can contribute up to £9,000 per tax year (as of the 2025/26 tax year) to a Junior ISA.

Junior ISAs are available only to children who are resident in the United Kingdom, or in limited cases, to children living abroad whose parent or guardian is a Crown servant posted overseas and responsible for their care.

If you’re a UK resident and would like to understand how a Junior ISA could support your wider investment plans, speak to your private banker or complete our enquiry form and a member of our team will be in touch.