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How many Junior ISAs can a child have?

There are 2 types of Junior ISA: a Cash Junior ISA and a Stocks & Shares ISA. With a Cash Junior ISA, you will not pay tax on the interest earned on the cash you save. With a Stocks & Shares Junior ISA, your cash is invested, and you will not pay tax on any capital growth or dividends you receive. Your child can have one or both types of Junior ISAs however, you must not contribute over the specified annual allowance of £9,000, between one or more Junior ISA types. To open a Junior ISA with True Potential Wealth Management, get in touch with our dedicated team today and we will guide you through the whole process.

With investing your capital is at risk. Investments can fluctuate in value, and you may get back less than you invest. ISA eligibility applies.

If you need more information or have any further question, and you are not already a client with True Potential, you can speak to our friendly team on 0191 625 0350 available 7am-8pm weekdays.

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