What should I do if I exceed my child's Junior ISA allowance?

In the event you oversubscribe to your ISA (in other words your ISA annual allowance was exceeded), you should not attempt to correct the mistake by withdrawing the excess funds from an ISA (including, but not limited to, your IBUKL Stocks and Shares ISA). Instead, you should call HMRC’s ISA helpline to explain the situation and inform them about the oversubscription. HMRC will advise you on the next steps.   …

Allowed to participate but cannot exceed the annual Junior ISA subscription limit. If it were to exceed the subscription limit, the shares should be transferred to a non-ISA account.  …

If you have accidentally paid too much into your child’s Junior ISAs your child will not get any tax relief on the excess payments you have made. The Junior ISA allowance is a combined annual limit across both types of Junior ISA: cash, and stocks and shares…

There is no annual Junior ISA fee at IBUKL. Other costs and charges apply.

Additional Information…