⏳ Reading Time: 8 minutesThe Junior ISA allowance for the 2026-27 tax year is £9,000. This means that up to £9,000 can be paid into a child’s Junior ISA during the tax year. A Junior ISA (Junior Individual Savings Account) is a tax-free savings or investment account for children under 18 in the UK. Parents or guardians can open this account, and family members or friends can contribute money to it.
The money grows free from UK income tax and capital gains tax, and the child can access it when they turn 18. You should remember that any unused allowance can’t be carried forward to the next tax year.
Who is eligible for a Junior ISA?
Any child under the age of 18, who is a UK resident and does not have a Child Trust Fund (CTF)
Are Junior ISAs transferable?
