The Junior ISA, or JISA, is available to children under 18 who do not already have a Child Trust Fund (CTF) account. The Junior ISA (JISA) is like the adult ISA. It is a ‘wrapper’ that protects the investments and savings held within it from income tax and CGT.
The JISA allows up to £4,260 to be invested on behalf of a child in cash and/or a wide variety of stock market-based investments. These range from individual shares in companies to UK-authorised unit trusts, OEICS and investment trusts.
Please see the Investing for Children Key Guide for more information.
Investing for Children
