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S T A T U T O R I N S T R U M E N T S2004 No. 1450
CHILD TRUST FUNDS
The Child Trust Funds Regulations 2004
Made 27th May 2004Laid before Parliament27th May 2004Coming into force in accordance with
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What is child trust funds?
Child trust funds are tax-advantaged savings accounts for children under the age of 18 in the UK.
Who is required to file child trust funds?
Parents or legal guardians are required to open and manage child trust funds.
How to fill out child trust funds?
Child trust funds can be opened through a financial institution or directly through the government in the UK.
What is the purpose of child trust funds?
The purpose of child trust funds is to provide a savings vehicle for children to access when they turn 18.
What information must be reported on child trust funds?
Information such as contributions, withdrawals, and any changes to the account must be reported on child trust funds.
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