If you claim Child Tax Credit in the UK, you may want a Child Trust Fund with Family Investments

We have 30 years experience of helping families make the most of their money. We believe saving for families should be realistic, straightforward and worthwhile so why not make the most of your child tax credit and the tax regime in the UK with Family Investments Child Trust Fund Account.

I would like to know more about the link between my claim for child tax credit and UK child savings.

We can also help you understand the Child Trust Fund (CTF); it works in a similar way to an ISA. There is no income tax or capital gains tax to pay on the returns.*

If you open a Child Trust Fund account with another provider, you will still be able to transfer the proceeds to Family Investments' care at any time. Although you are free to move the account as often as you wish, only your child will be able to access the money and not before their 18th birthday.

The Child Trust Fund from Family Investments is stockmarket based. As such, the value of the investment and any income from it may fall as well as rise and your child may get back less than has been invested.

If you want to find out more about the link between claiming child tax credit and UK child savings, click here and we will tell you about our CTF.

* Although tax regimes can change.