Written Question·Treasury·UIN 30044

Individual Savings Accounts: Children

Tabled: 10 February 2025

Answered: 13 February 2025

Named Day

Question

Mr Gregory Campbell

Democratic Unionist Party — East Londonderry

To ask the Chancellor of the Exchequer, if she will review eligibility rules to allow grandparents to take out share based ISAs for grandchildren.

Answer

Emma Reynolds

To ensure that the Junior Individual Savings Accounts (JISA) regime remains simple and sustainable, HMRC specify who can open and manage an account to prevent more than one JISA of each type (cash or stocks and shares) being opened in error. It also ensur...

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