Individual Savings Accounts (ISAs) and Junior ISAs (JISAs)

Who can subscribe to a Flexible Stocks and Shares ISA?

• A person who is aged 18 or over
• A person who is resident and ordinarily resident in the UK*; (Includes Crown employees serving overseas and their spouses)
• A person who has not subscribed to another Stocks and Shares ISA in the same tax year

Investors cannot subscribe:

• After they cease to be resident and ordinarily resident in the UK*
• After they cease to perform duties as a Crown employee serving overseas
• After they cease to be married to a Crown employee serving overseas

Who is eligible for a Stocks and Shares Junior ISA (JISA)?

• Any child resident in the UK who wasn’t eligible or did not register for a Child Trust Fund (CTF), also any child who currently has a CTF and wants to transfer this to a JISA
• A person who is resident and ordinarily resident in the UK*; (includes Crown employees serving overseas and their spouses) – once the account has been opened, there is no requirement for the child to be resident in the UK
• A child who has not subscribed to another Stocks and Shares Junior ISA in the same tax year

Who can open a Stocks and Shares Junior ISA?

• A person with parental responsibility can open a Junior ISA for an eligible child
• The person who opens the Junior ISA will be the registered contact on the account and will be responsible for making the investment decisions and managing the account

Who can subscribe to a Stocks and Shares Junior ISA?

• Once a Junior ISA account has been opened by the registered contact, any person can subscribe to the child’s Junior ISA
• It must be made clear to the person subscribing that subscriptions are made as a gift to the child named on the account and cannot be repaid to the subscriber

ISA subscription limits 

The annual ISA limit for the 2026/27 tax year is £20,000, for cash ISAs this is £12,000

Junior ISA subscription 

The annual JISA limit for the 2026/27 tax year is £9,000

*The UK means England, Wales, Scotland and Northern Ireland including the territorial sea. It does not include either the Channel Islands or the Isle of Man.