Junior ISA

Make the most of this year’s £9,000 Junior ISA allowance, now with charges removed. See details.

Important information - Investments can go down in value as well as up, so your child could get back less than you invest. The information on this page isn't personal advice - if you’re not sure if an investment is right for you or your child, please ask for advice. Tax rules can change and Junior ISA benefits depend on individual circumstances.

Invest free from UK tax and switch your child's future on

Investing for a child can give them a great start to adult life, helping them go to university, put a deposit on their first home, or follow a venture they’ve always dreamed of.

It's never too early to start, and one of the best ways is with a Junior ISA. Even a small amount saved each year can snowball into a sizeable nest egg over the long-term. Of course there are no guarantees as investments can fluctuate in value so your child could get back less than you invest.

Like adult ISAs, any growth in a Junior ISA is free from UK tax. Once opened by a parent or guardian, anyone can contribute to a Junior ISA making it even easier to invest for their future.

Open a Junior ISA

Download your guide

The words Junior Stocks and Shares ISA are presented on screen as the video starts. The video is animated with various scenes providing illustrations and metaphors for the narration.

A Junior Stocks and Shares ISA is a simple way to invest for a child’s future.

It’s not an investment in its own right, it’s a type of account. And it’s special because ISAs offer shelter from UK tax.

This means no capital gains tax to pay if the investment grows, and no UK income tax on any dividend or interest payments, which could save thousands of pounds in tax over the long term.

But remember, tax rules change and benefits depend on individual circumstances.

Because of these excellent tax benefits, the government limits how much can be added to Junior ISAs each tax year. This is known as the Junior ISA allowance.

It changes from year to year, but for the current year you can pay in up to nine thousand pounds and you have until the 5th of April to use this or you’ll lose it.

Junior ISAs must be opened by a parent or legal guardian – who’ll also need to choose investments on their child’s behalf. But once the account is open family and friends can add money too.

The money belongs to the child, but they won’t be able to access it until they turn 18, when it could help give them a head start on university fees, their first home or provide a future next egg.

The Hargreaves Lansdown Junior Stocks and Shares ISA gives you the freedom to invest in a wide range of investments, including funds and UK and international shares and bonds.

You can also hold cash, so you can secure the valuable tax break now, and then choose the investments when you’re ready. You can start investing with a lump sum of £100 or £25 per month.

Investing offers potential for greater returns than cash over the long term, but unlike cash the value of your investment can go down as well as up.

So if you’re looking for a simple way to invest for your child’s future, why not open a Junior Stocks and Shares ISA today?

Your child must be a UK resident under age 18 to be eligible for a Junior ISA. If your child already has a Junior Stocks and Shares ISA or Child Trust Fund, the parent or guardian must transfer it to open a Junior Stock and Shares ISA.

This video isn't personal advice. If you're unsure what's right for your child, please seek advice.

The HL Junior ISA is free to manage

We’ve removed our account charges, including online share dealing commission, so that more of what you pay in will benefit the child. Depending on where you invest, other charges could still apply.

See all HL Junior ISA charges

New

The kids can
now go free

Why choose a Junior ISA?

Tax efficient - any growth is free of UK tax. Tax rules can change and benefits depend on personal circumstances
Long-term - no withdrawals are allowed until the child is 18, giving their money time to grow
Generous allowance - invest up to £9,000 for the 2024/25 tax year
Simple - once opened by a parent or guardian, anyone can contribute to a Junior ISA

Why choose Hargreaves Lansdown?

Security - we’re a FTSE-listed company and look after over £142 billion for over 1.8 million clients
Choice - pick your own investments or choose one of our ready-made portfolios
Expertise - investment ideas from our analysts
Support on hand - Bristol based helpdesk
Flexibility - invest from as little as £25 per month, or a £100 one-off lump sum

Add cash now, pick investments later

There’s often a lot to think about when it comes to making investment decisions. By learning more about topics like risk and diversification, you can give yourself a better chance of success over the long term.

If you’d like to make a start on this year’s ISA, you don’t need to choose your investments straight away. You can add cash now, then decide where to invest when you’re ready.

Open a Junior ISA

Who is eligible for an HL Junior ISA?

Any UK resident child (under age 18)
If your child has a Child Trust Fund (CTF) or a Stocks & Shares Junior ISA elsewhere, you will need to transfer it first
Download our Child Trust Fund to Junior ISA factsheet for more details

Open a Junior ISA Transfer to a Junior ISA Download your guide

How much could your child's Junior ISA be worth?

Amount you'd like to invest each year (?)

£ or £83.33 per month

Value of any Junior ISAs or CTFs you already have

Child's age

3 years

Expected growth rate (?)

Low (2%)

Medium (5%)

High (8%)

Results

About this calculator: This calculator is an example - it doesn’t show what your child’s investments will actually be worth. Remember investments can go down as well as up in value so your child could get back less than you put in.

To make these calculations, we factored in a total of 1.25% in annual charges, but this could be lower or higher depending on the investments you hold. We haven’t factored in inflation.

Tax rules can change and the value of benefits depends on individual circumstances.

Find out more about Junior ISAs

See our Junior ISA investment ideas

Open a Junior ISA

Open a Junior ISA Download your guide to Junior ISAs