HMRC alert as Brits born between two dates ‘sitting on unclaimed cash’

Business

Young people are being encouraged to check if they're unknowingly sitting on a sum of money - as HMRC warns that thousands of Child Trust Funds remain unclaimed. In an alert, the tax authority stated that anyone born between September 1, 2002 and January 2, 2011 could have a savings account awaiting them - potentially worth hundreds or even thousands of pounds. These accounts, called Child Trust Funds (CTFs), were established by the Government to provide children with a financial boost - but