HMRC urges people born within nine-year priod to come forward for free £2,000
- HMRC is encouraging families to help young adults track down lost savings from Child Trust Funds, with around £1.4 billion unclaimed for 728,000 individuals aged 18 to 22.
- Individuals born between September 1, 2002, and January 2, 2011, may have an average of £2,200 in a Child Trust Fund waiting to be claimed.
- The Share Foundation is urging young people to locate their Child Trust Funds, as over 450,000 have successfully used the free Gov.uk tool to find theirs.
- Latonya Skye-Paterson discovered £955 in her Child Trust Fund after being advised by her college tutor, highlighting the potential value of these accounts.
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Anyone born between 2002 and 2011 told they could claim £2,200 from HMRC
HMRC is urging people to make a claim for up to £2,200.
·United Kingdom
Read Full ArticleChild Trust Funds Waiting for Young People Born 2002 and 2011 - FREE Money From the UK Govrnment
A Child Trust Fund (CTF) was a tax-free savings account for children born in the UK between 2002 and 2011. The government contributed money to the accounts, which became available to the child when they turned 18.
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