Parents, friends and family can all deposit monies into the Junior ISA as long as the total stays under the annual limit.Money in the account belongs to the child, but they can’t withdraw it until they turn 18, apart from in exceptional circumstances. You can only open one Junior stocks and shares ISA (unlike ISA’s where you can open multiple stocks and shares ISA accounts over different tax years).A child’s parent or legal guardian (with parental responsibility) must open the Junior ISA account on their behalf.You can transfer the CTF into a Junior ISA account using the CTF transfer form. If a child was born between 20, they might have a Child Trust Fund (CTF). You’re a crown servant (in the UK’s armed force, diplomatic service or overseas civil service, for example).If your child lives outside the UK, they can open a JISA if both the following apply.You can open a Junior ISA (JISA) stocks & shares account for your child if they:
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