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Junior ISA Limits

greyteam1959

greyteam1959 Posts: 4,688 Forumite

Part of the Furniture

1,000 Posts

Name Dropper

21 March at 6:40PM in ISAs & tax-free savings

The answer will have been given before I am sure.
I know that you can contribute up to £9,000 each tax year into a Junior ISA.
Is this limit per child or the total limit ?
So 3 children @ £3000 each = £9000
Or 3 children @ £9000 each = £27000
TIA

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Comments

Keep_pedalling Posts: 20,102 Forumite

21 March at 6:48PM

The limit is on the JISA not the giver, so £9k each.

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greyteam1959 Posts: 4,688 Forumite

21 March at 7:01PM

Thank you

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MikeJXE Posts: 3,839 Forumite

21 March at 10:14PM

Not per tax year

£9000 between birthdays

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refluxer Posts: 3,122 Forumite

21 March at 11:58PM

No, that's not right. The JISA allowance is £9k per tax year.

https://www.gov.uk/junior-individual-savings-accounts/add-money-to-an-account

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