Child Trust Fund: How much can your client get?
Babies born on 3 January 2011 or later, or before 1 September 2002, do not qualify for a CTF account and won't get any CTF payments.
The child trust fund was withdrawn by the Savings Accounts and Health in Pregnancy Grant Act 2010 for children born after 2 January 2011. Further information about this change is contained within the policy section of this website.
There are a number of CTF payments that may be applicable depending on the circumstances of the claimant:
- The Starting CTF Payment
- Payments on the Child’s seventh birthday
- Extra CTF payments for people on low incomes
- Extra CTF payments for children who qualify for Disability living Allowance (DLA)
- Extra CTF payments for children who are looked after by a local authority
You can find full details of each of these payments including the rates payable and criteria on directgov.