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Categories: child trust funds

  • Know your worth - check your apprentice pay rates

    Know your worth - check your apprentice pay rates

    During National Apprenticeship Week HM Revenue and Customs (HMRC) is encouraging apprentices to claim the money that is rightfully theirs. Whether that’s making sure you’re being paid the correct hourly rate to claiming the savings in your Child Trust Fund, this is how to do it.
    Know your worth
    You’ve started an apprenticeship, you’re bringing home a wage, but are you getting paid correct

  • Almost 430,000 young people urged to claim their cash

    Almost 430,000 young people urged to claim their cash

    Almost 430,000 18-21 year olds with an unclaimed Child Trust Fund, worth an average of £2,000, are being urged by HM Revenue and Customs (HMRC) to claim their cash as part of UK Savings Week (18 to 24 September 2023).
    Child Trust Funds are long-term, tax-free savings accounts and were set up for every child born between 1 September 2002 and 2 January 2011, with the government contributing an i

  • Teenagers could be missing out on a stash of cash

    Teenagers could be missing out on a stash of cash

    Tens of thousands of teenagers in the UK who have not yet claimed their matured Child Trust Funds savings could have thousands of pounds waiting for them, reminds HM Revenue and Customs (HMRC).
    Child Trust Funds are long-term savings accounts set up for every child born between 1 September 2002 and 2 January 2011. To encourage future saving and start the account, the government provided an init