Child Trust Fund: Urgent Alert from HMRC for Unclaimed Cash
Tuesday, 24 September 2024, 17:00
Child Trust Fund Claims at Risk
The HMRC has revealed that 670,000 people are missing out on thousands in Child Trust Funds that remain unclaimed. This substantial figure highlights an urgent need for individuals to check their balances.
Why You Might Have Unclaimed Funds
- Inactivity: Many accounts remain untouched since inception.
- Lack of Awareness: People may not know they have an account.
- Changing Circumstances: Address or contact changes can affect awareness.
Next Steps for Claimants
- Check Your Status: Visit the HMRC website for verification.
- Gather Documents: Ensure you have the necessary paperwork to make a claim.
- Act Quickly: Don't miss out on your finances!
Every Child Trust Fund could contain over £2,000, making it crucial for recipients to act fast.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.