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Junior ISA
clare1076
Posts: 113 Forumite
Hi
My ds & dd have child trust funds i have read somewhere that i can transfer these to Junior ISA's, is this true? If so can i do it now or do i wait until April?
Thanks for your help!
My ds & dd have child trust funds i have read somewhere that i can transfer these to Junior ISA's, is this true? If so can i do it now or do i wait until April?
Thanks for your help!
0
Comments
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You can do this from next April
https://www.gov.uk/government/news/government-to-allow-child-trust-funds-to-transfer-to-junior-isas
Meanwhile you can still top them up with £4k per tax year.0 -
tax year.
CTFs have a "contribution year" which runs from birthday to birthday.
https://www.gov.uk/child-trust-funds/adding-money-to-the-account
"You can put up to £4,000 a year into the account - the start date for the year is the child’s birthday and the end date is the day before their next birthday."0
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