Junior ISAs

RSS

  • how many isas can I have?

    Posted in:

    ISAs: How many Can I have? How to Have More than One ISA

    An individual savings account ISA is a savings and investment account with a tax-free ISA allowance, and the ISA allowance is £20,000 per person and per tax year. There are many types of ISAs. You might ask yourself how many ISAs can I have, and how the annual ISA allowance applies. These are valid questions; […]

    Read more

  • can a grandparent open a junior isa?

    Posted in:

    Can a grandparent open a Junior ISA?

    The short answer to ‘Can grandparents open a Junior ISA?’ is yes, as long as the grandparent(s) are the legal guardian of the minor associated with the ISA. That said, there are still ways that a grandparent can contribute to a Junior ISA, even if the grandparent is not the legal guardian. Junior ISAs are […]

    Read more

  • junior isa withdrawals

    Posted in:

    Junior ISA withdrawals: can you take money out of a Junior ISA?

    Are parents able to make a Junior ISA withdrawal? This article discusses the rules concerning Junior ISAs, how they work, and who can and can’t make Junior ISA withdrawals. To find out more, please read on. What is a Junior ISA A Junior ISA (JISA for short) is a long-term, tax-free savings account that a […]

    Read more

  • Steps

    Posted in:

    The ISA Age Limit – Is there one?

    Individual Savings Accounts (ISAs) are available for almost everyone. Junior ISAs are available for those under 18. When you reach 18, you can have an ‘adult’ cash ISA, or if you wish to continue saving, you can invest in a stocks and shares ISA. There is no overall age limit for ISAs. Can you open […]

    Read more

  • ISA Deadline

    Posted in:

    ISA deadline – When is the last date for ISA 2022/23?

    The ISA deadline date for the current 2022/23 year is midnight on the 5th of April 2023. Ignore it at your peril. If you do, you could miss out on the opportunity to maximise your annual ISA allowance. How does the ISA deadline work? The ISA deadline is aligned with the tax year. In other […]

    Read more

  • types of isa

    Posted in:

    Types of ISA: Different Types of ISA Accounts Explained

    When setting up a savings account, trying to figure out what solution is right for you can be confusing. If you want to start saving in a more tax efficient way, ISAs are a great place to start. But what exactly are ISAs, and how do they work? In general, ISAs, or Individual Savings Accounts, […]

    Read more

  • Posted in:

    What is the annual 2019/20 ISA allowance?

    2019/20 ISA allowance ISAs are a simple way to grow your money tax-free, but it’s important you know the basics to ensure you can maximise your returns. The ISA allowance is the maximum amount you can save or invest tax-free in an ISA during one tax year. When it comes to investing in your ISA […]

    Read more