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Can my child have more than one Junior ISA?

Covering the rules around paying into multiple JISAs per tax year.

Written by Alex
Updated over 2 years ago

You can pay into one Junior ISA of each type (Cash or Stocks & Shares) per tax year for your child, and the annual contribution limit of £9,000 is shared between your child’s JISAs. For example, you could pay £5,000 into a Cash JISA and £4,000 into a Stocks & Shares JISA for your child in the same tax year.

The £9,000 contribution limit is per child - meaning if you have multiple children, they each will have an allowance of £9,000 per tax year.

Contributions you make into a Junior ISA do not count towards your own £20,000 annual ISA allowance.

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