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Does opening a Moneybox Junior ISA for my child impact my own annual ISA allowance?
Does opening a Moneybox Junior ISA for my child impact my own annual ISA allowance?
Alex avatar
Written by Alex
Updated over a year ago

No - the Moneybox Junior ISA belongs to your child, and therefore does not impact your own annual ISA allowance of £20,000. You can pay up to £9,000 per tax year into each child’s Junior ISA.

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