The latest HMRC data shows 758,000 18- to 23-year-olds have yet to claim their matured child trust fund, with an average of ...
Angela MacDonald, HMRC’s deputy chief executive, says: “If you’re between 18 and 23, you could be sat on a savings payout and not even realise it. Just search ‘find my child trust fund’ on gov.uk to ...
A trust fund is a legal form of asset protection that allows you to transfer property on certain conditions after a specific period. This service is widely used worldwide, especially in the USA, UK, ...
Thousands of young people in the UK still don't know that they can claim a mega amount of cash from a tax-free savings ...
Child Trust Funds (CTFs) were introduced by the UK Government to encourage long-term savings for children born between 2002 ...
It takes about five minutes to submit a request to find a Child Trust Fund using the online tool and, for most, less than three weeks to hear back.
New figures from HM Revenue and Customs (HMRC) indicate around three-quarters of a million young adults are sitting on ...