Did you know?
A Child Trust Fund is a long-term tax-free savings account for children born between 1st September 2002 and 2ndJanuary 2011.
The Government gave each eligible child worth up to £250.00. Children from low-income families received an additional £250.00. Parents could use the voucher to open a Child Trust Fund. However, if parents didn’t open the CTF within a year the government would open one for the child.
When you turn 18 you could access this money.
If you are looking to see if a CTF has been set up for you by the Government, click here.
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