Budget 2020: JISA savings limit to increase to £9,000 by 2020/21

From £4,368

Sophie King
clock
The amount families will be able to save into a JISA or CTF will be more than doubled
Image:

The amount families will be able to save into a JISA or CTF will be more than doubled

Chancellor Rishi Sunak has pledged to double the saving limits for Junior ISAs (JISAs) and Child Trust Funds (CTFs) by 2020/21.

The accompanying Budget documents published on Wednesday (11 March), following new Chancellor Rishi Sunak's inaugural Budget speech in Westminster, revealed the amount families will be able to save into...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on isas