The Junior ISA is a
tax-free children's savings account.The accounts offer parents,
guardians and relatives a tax-free way to save for children who
don't have a Child Trust Fund.
Junior ISAs are available to any child (under the age of 18) who
is resident in Britain and who does not already have a Child Trust
Funds cannot be withdrawn from a Junior ISA until the child is
18 years old.
Please note that tax rules can change. Dividends from UK equity
funds held in a Junior ISA are only exempt from higher rate
The Junior ISA contribution limit this tax year (2017/2018)
is £4,128 or £344 per month. This can be
invested in either a Junior Stocks and Shares ISA or Junior Cash
ISA or any combination of the two, providing no contribution has
already been made to another Junior Stocks and Shares ISA or Junior
Cash ISA with another provider.
The illustration below gives examples of the limits for Junior
Stocks and Shares and Junior Cash ISAs in the tax year
Junior ISA Application Form