Articles and information in relation to UK Payroll for business, employers and employees.
Hundreds of thousands of young adults could have an average of £2,000 waiting for them in their unclaimed Child Trust Fund account. Almost 430,000 18-21 year olds have an unclaimed Child Trust Fund, worth an average of £2,000. HM Revenue and Customs (HMRC) are urging them to claim their cash as part of UK Savings … Continue reading Young people urged to ‘claim their cash’
Teenagers could have an average of £2,100 in their Child Trust Fund savings account waiting to be claimed. HM Revenue and Customs (HMRC) are reminding Tens of thousands of teenagers who have not yet claimed their matured Child Trust Funds savings could have thousands of pounds waiting for them. Child Trust Funds are long-term savings … Continue reading Teenagers missing out on a stash of cash
HM Revenue and Customs (HMRC) is urging young people to check if they have a hidden pot of gold – in the shape of a Child Trust Fund (CTF). It is now one year since the first account holders started turning 18 and around 55,000 CTFs mature every month. This means their owners can withdraw funds or … Continue reading Thousands of teenagers missing out on Child Trust Fund cash