Junior ISA (or JISA for short)

Invest for your child's future

What is a Junior ISA?

Junior Individual Savings Accounts (JISAs) are long-term, tax-free savings accounts for children. The investments held within an ISA are not subject to UK income tax or capital gains tax. You can transfer existing Junior ISAs or Child Trust Funds (CTF) into the MES Junior ISA.

Why MyExpatSIPP?

Our service is designed for expats, whether you’re a non-UK resident or living in the UK. Monitor your account around the clock and place investment instructions with the easy to use online account, alongside ongoing support and guidance to assist you with managing your savings. Our simple and transparent fees mean there’s no hidden commission or ongoing adviser fees.

A nest egg for when they turn 18

Money in a Junior ISA belongs to your child and cannot be taken out until they’re 18. The child can take control of the account when they’re 16, but cannot withdraw the money until they turn 18. Junior ISAs automatically turn into an adult ISA when the child turns 18.

Investment Control

This is a Stocks and Shares Junior ISA and you can select from:

  • UK, US and other overseas Shares
  • Exchange Traded Funds
  • Investment Trusts
  • Unit Trusts & OEICs
  • A range of ready-made Portfolios

£9,000 annual savings limit

Anyone can pay money into a Junior ISA, but the total amount paid in cannot go over £9,000 in the current tax year. You can transfer unlimited amounts from other Junior ISAs or Child Trust Funds regardless of your country of residence.

Tax free growth

The investments held within an Junior ISA are not subject to UK income tax or capital gains tax so the child gets to keep more of the investment growth. You will need to check the tax treatment in the child’s country of residence.

Take control of your savings

Junior ISA charges

Our charges includes full support and guidance from our team to help you manage your account, as well as arranging the safe custody and administration of investments on our platform.

The platform charge is tiered and is only charged on the value of investments. The value of GBP cash is excluded:

JISA value Platform Charge
Up to £250,000
0.38% p.a.
From £250,000 to £1m
0.23% p.a.
Value over £1m
0.06% p.a.
Dealing and custody charges

£4.95 per deal – Unit Trusts and OEICs (Mutual Funds

£11.95 per deal – Exchange traded securities such as Shares, ETFs and Investment Trusts

0.12% p.a. – Custody of investments and cash

Account charges

£50 – Account opening (Deducted on receipt of the first payment to the account)

£50 – Account closure (Deducted when the account is closed due to a transfer out or full withdrawal)

£15 – Withdrawal (Deducted for each withdrawal to your nominated bank account)


All charges will be deducted from the cash in your account. You must always ensure that there is sufficient cash within your account to cover our charges or any other payments when they are due.

Platform charge – the platform charge is calculated based on the average value of your account each month and collected the following month. For example, for account values of less than £250,000 the monthly platform charge will be the average value x 0.38% / 365 x number of days in the month. For new accounts opened during the month, the charge will be applied on a pro rata basis from the date of account opening to the end of the month. For accounts closed in a month, the charge will be applied on a pro rata basis from the beginning of the month to the date the account is closed.

Buying and selling investments – The investments that you choose may have their own initial and annual charges, in addition to our dealing charges. Dealing charges apply separately to purchases and sales and the dealing charge for each transaction will be shown on the contract note. Stamp duty of 0.5% applies on all purchases of UK quoted shares. The PTM (Panel on Takeovers and Mergers) levy of £1 is payable on equity trades with a consideration of over £10,000 in securities of companies which are incorporated in the UK, Channel Islands or Isle of Man. Additional government and local stock exchange charges are payable for certain international markets and will be added to your contract note.

How to transfer a JISA or Child Trust Fund


You complete the simple online application to open an JISA and complete the JISA transfer form.


We contact the existing JISA or CTF provider and instruct them to transfer the money to your new JISA account.


The money is paid into your new JISA account and invested into your chosen investments.

Frequently Asked Questions about the Junior ISA

If you can’t find the answer you’re looking for, please send us a message


Only parents or a guardian with parental responsibility can open a Junior ISA for under 16s.

Your child’s Junior ISA will be in their name, but the parent who opens it is responsible for managing the account and is known as the ‘registered contact’. The registered contact is the only person who can change the account provider or report changes of circumstances, for example change of address.

If your child is 16 or older they can become the registered contact for their Junior ISA.

When your child turns 18 they can take out any money in their Junior ISAs. Junior ISAs automatically turn into an adult ISA when the child turns 18.

Anyone can pay money into a Junior ISA, but the total amount paid in cannot go over £9,000 in the 2022 to 2023 tax year. The person subscribing doesn’t need to be resident in the UK or related to the child.

You can transfer money between:

  • your child’s Junior ISAs
  • a Child Trust Fund (CTF) account and a Junior ISA


You cannot transfer money between a Junior ISA and an adult ISA.

Need some help choosing your investments?

Have a look at our ready-made portfolios to help get you started with investing

Got some questions about transferring an ISA?

Get in touch with our friendly UK based support team