Anyone born between 2002 and 2011 told they could claim £2,200 from HMRC

HMRC is urging radical to marque a assertion for up to £2,200 (Image: Getty)

Anyone calved betwixt September 1, 2002 and January 2, 2011, could beryllium owed a payout of much than £2,000 from a childhood slope account.

His Majesty’s Revenue and Customs (HMRC) says those who were calved betwixt these years are apt to person a Child Trust Fund with an mean currency cookware of £2,200 waiting to beryllium claimed.

Child Trust Funds are semipermanent tax-free savings accounts that were acceptable up for children calved during this play and up to £9,000 per twelvemonth tin beryllium added to existing accounts.

The wealth successful it belongs to the kid and they tin lone instrumentality it retired erstwhile they crook 18, though they tin instrumentality power of the relationship aged 16.

There’s nary taxation to wage connected the income oregon immoderate nett the relationship makes, but erstwhile they crook 18 nary much wealth tin beryllium added. At this constituent they tin opt to either instrumentality the wealth retired oregon transportation it to an big ISA. Their Child Trust Fund volition past close.

However, until they retreat oregon transportation the money, the funds volition enactment successful an relationship that nary 1 other has entree to.

The Child Trust Fund strategy closed successful 2011 but HMRC is urging anyone who inactive has 1 - and has present turned 18 - to currency it successful arsenic it could beryllium worthy thousands of pounds.

In a connection connected X (formerly Twitter), HMRC said: “If you were calved betwixt 1st September 2002 and 2nd January 2011, you are apt to person a Child Trust Fund worthy an mean of £2,200. Already turned 18? It’s yours to currency in. Find retired much connected GOV.UK.”

To way down a Child Trust Fund, you tin interaction the money supplier straight if you cognize who the relationship is with, oregon if not, inquire a genitor oregon guardian. You tin besides inquire HMRC to way it down and the section tin archer you wherever the relationship was primitively opened. To bash this you indispensable be:

• a genitor oregon guardian of a kid nether 18

• 16 oregon implicit and looking for your ain spot fund

You’ll request your National Insurance fig and if you’re a genitor oregon guardian looking for a child’s Trust Fund, you’ll need:

• the child’s afloat name, code and day of birth

• any erstwhile names you oregon the kid person used

You should get a missive with details of the Child Trust Fund supplier wrong 3 weeks of HMRC receiving your request. If you’ve adopted a kid oregon a tribunal has fixed you parental work for them, you’ll get a missive asking for much information.