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On 24th May 2010 the Government announced that they would be ending the Child Trust Fund scheme. To find out how this could affect you, click here*. Children born between 1 September 2002 and 31 December 2010 and who are eligible for Child Benefit will receive a free Child Trust Fund voucher from the Government. This voucher must be invested in a special savings and investment account - a Child Trust Fund account - until the child is aged 18.Any child born before 1st September 2002 will not be eligible for a Child Trust Fund account but you may still want to save for them in a Children's Tax Exempt Plan - click here for details. Kick-start your child's savings!
* In order to view and print this file you will need the free Acrobat reader from Adobe. If you do not already have the Acrobat reader from Adobe, click here to download it for free. |
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