What is a Junior ISA?

A Junior ISA is a long-term, tax-free savings or investing account for a child under 18 who lives in the UK. A parent or guardian opens it, anyone can pay in, and up to £9,000 can go in for each child in the 2026/27 tax year. The money belongs to the child, and they can take it out when they turn 18.

You might also hear it called a child ISA or a baby ISA. These are just other names people use for a Junior ISA, not separate products.

How it works

The yearly limit

For the 2026/27 tax year (6 April 2026 to 5 April 2027), up to £9,000 can be paid in for each child. That covers all their Junior ISAs together.

Default split: £2,000 cash and £7,000 stocks and shares.

£2,000 cash and £7,000 stocks and shares

Use it or lose itAny allowance not used by 5 April is gone, and it can't be carried over to the next year.

Who opens it

A parent or guardian with parental responsibility opens the account for a child under 16 and looks after it. They're called the registered contact. Children aged 16 or 17 can open their own.

  1. From birth

    A parent or guardian can open it.

  2. Under 16

    A parent or guardian looks after it.

  3. 16 and 17

    They can take control of it, or open their own.

  4. At 18

    They can take the money out.

Who pays in

Anyone can pay in, so parents, grandparents, family and friends can all add money. The total just needs to stay within the £9,000 limit for that child.

  • Parents
  • Grandparents
  • Family
  • Friends

One child's Junior ISA

Up to £9,000 a year

Paying in doesn't use up your own £20,000 adult ISA allowance, because the child's limit is separate.

Whatever goes in is a gift to the child and can't be given back.

Cash or stocks and shares?

There are two types. A child can have one cash Junior ISA, one stocks and shares Junior ISA, or one of each.

Cash

  • It's a savings account
  • The amount paid in doesn't go down
  • Rising prices can slowly eat into its value

Stocks and shares

  • Invested in things like funds and shares
  • Could grow more than cash over many years
  • Value can go down as well as up

You can split the £9,000 between both types. Some families think about how many years are left until the child turns 18 when they decide how to split it.

When they turn 18

The account becomes an adult ISA in their name. From then on it's their decision whether to take the money out or leave it in.

This guide explains how Junior ISAs work. It isn't advice about what's right for your family.

Help to think it through

Junior ISA FAQs

What is a junior ISA?

A Junior ISA is a tax-free savings or investing account for a child under 18 who lives in the UK. The money belongs to the child, and they can take it out at 18.

Is a child ISA the same as a junior ISA?

Yes. "Child ISA" is just an informal name for a Junior ISA. The official name is Junior ISA, sometimes shortened to JISA.

What is a baby ISA?

It's an informal name, not an official product. People usually mean a Junior ISA opened for a baby or young child, and the same Junior ISA rules apply.

Who can pay into a junior ISA?

Anyone can pay in, including parents, grandparents and friends. The total for the child can't go over £9,000 in the 2026/27 tax year.

How much can I put in a junior ISA in 2026/27?

Up to £9,000 in total for each child between 6 April 2026 and 5 April 2027. That limit covers cash and stocks and shares Junior ISAs added together.

When can my child take the money out?

At 18. They can take control of the account at 16, but the money can't come out before 18 except in rare cases, such as terminal illness.

Can my child have a cash and a stocks and shares junior ISA?

Yes. A child can have one cash Junior ISA and one stocks and shares Junior ISA, as long as the total paid in stays within the yearly limit.

What happens at 18?

The Junior ISA automatically turns into an adult ISA, and your child can take the money out or leave it there. From then on, it's fully theirs to manage.

Can I move a Child Trust Fund into a junior ISA?

Yes. A child can't hold both, so to open a Junior ISA you ask the Junior ISA provider to transfer the Child Trust Fund into it.

Does paying into a junior ISA use my own ISA allowance?

No. The £9,000 Junior ISA limit is separate from, and on top of, your own £20,000 adult ISA allowance.

Can unused junior ISA allowance roll over?

No. Any part of the £9,000 not used by 5 April is lost. It can't be carried forward to the next year or back to an earlier one.

Can money paid into a junior ISA be given back?

No. Money paid in is a gift to the child and belongs to them, so it can't be returned to whoever paid it in.

Will the junior ISA limit change?

The government has said the £9,000 limit will stay the same until April 2031. Limits can still change at a future Budget, so check GOV.UK.

Education and planning, not financial advice. Capital at risk when you invest. Rules and allowances can change, so check GOV.UK.

Facts checked on GOV.UK, HMRC and MoneyHelper on 21 Oct 2026.

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