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Posted Mon, 01 Jul 2024 20:15:01 GMT by Miles25
As I understand things from this tax year, you can now have multiple ISAs from different companies as long as the total you add in any tax year does not exceed £20K. Does this change also apply to Junior ISAs? I wanted to open an ISA for my grandson but reading the information online it seems I can't open a S&S ISA as he already has one and you can only have one of each type - one Junior cash ISA and one Junior S&S ISA. Thanks in advance,
Posted Thu, 04 Jul 2024 09:42:04 GMT by HMRC Admin 20 Response
Hi,
The change in ISA doesnt apply to junior accounts as this is still limited to 1 - Junior Individual Savings Accounts (ISA)
Thank you.

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