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This is a freeview 'At a glance' guide to Child Trust Funds.

The Child Trust Fund (CTF) is a long-term, tax-free savings account for children which ran between 2002 and 2011. Existing CTFs can still be used. 

At a glance

What happens now?

For those people who have already turned 18, there are several options.

For those whose children are yet to reach 18:

Can't find my CTF

A major concern articulated when the first tranche of eligible teenagers turned 18 is that the accounts had been lost. Often this has been a result of when a family moves home and forgot to update their CTF provider with their new address.

This is easily rectified using HMRC's online form to enquire where the account was originally opened.

Useful guides on this topic

ISA guide
Individual Savings Accounts (ISAs) are tax-free savings accounts for qualifying individuals.  

Savings & ISA limits

IHT: Gifts
What are the Inheritance Tax (IHT) implications of giving away assets? What exemptions and reliefs are there for gifts?

External links

HMRC: Child Trust Funds

HMRC: Find a Child Trust Fund


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