Rates & Tools

Tax rates

Individual savings accounts

Junior Individual Savings Accounts (JISA)
  • These accounts were introduced to replace Child Trust Funds which ceased in 2011. They operate in a similar way to ISAs.
  • Open to children under 18 years, provided they do not already have a Child Trust Fund account.
  • The child must live in the UK.
  • Both cash and stocks and shares JISAs are permitted.
  • The total amount that can be paid into a JISA in a tax year is £4,368 for 2019/20 (£4,260 for 2018/19).
  • Children aged 16 or 17 can open their own JISA.
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