The Child Trust Fund (CTF) was launched in April 2005 but children were eligible for a CTF account if they were born on or after 1 September 2002. HMRC sent out vouchers for all eligible children for whom Child Benefit had been claimed.
To see the eligibilty criteria please use the following link
Is my child eligible?
What will I get?
If Child Benefit started before 6 April 2005 the voucher will be worth slightly more than £250 depending on when your child was born. Child Benefit starts from the Monday following the birth of a child, so Child Benefit for children born on 4 or 5 April 2005 started from Monday 11 April 2005, and they received a voucher for £250.
You can check the amount using the table below.
Date of birth of your child | Value of voucher |
|---|
1 September 2002 - 5 April 2003 | £277 |
6 April 2003 - 5 April 2004 | £268 |
6 April 2004 - 3 April 2005 | £256 |
4 April 2005 – onwards | £250 |
Providers know that there will be vouchers for different amounts.
Qualifying for the additional payment
As well as the CTF voucher, children in families with lower incomes will automatically get an additional payment from the Government. This will be paid directly into the accounts of children who live in families receiving Child Tax Credit (CTC), where household income is not greater than the CTC threshold of £16,040 for 2009/10.
More details about qualifying for the additional payment use this link
CTC was introduced in April 2003, six months after the earliest date that children could become eligible for a CTF account. To make sure that children with a first Child Benefit payment between 1 September 2002 and 5 April 2003 don’t miss out, your child will get the higher payment if the household was awarded CTC and had an income below the CTC threshold in the following tax year, 2003/04.
More details on Child Tax Credit (CTC)
If your child was born between 1 September 2002 and 5 April 2004, and they are eligible for the additional payment, then this additional payment will be slightly more than £250. The precise amount depends on when you started receiving Child Benefit. See the table below.
Child Benefit first paid | Value of additional payment |
|---|
1 September 2002 - 5 April 2003 | £266 |
6 April 2003 - 5 April 2004 | £258 |
6 April 2004 - 5 April 2005 | £250 |
6 April 2005 – onwards | £250 |
The additional payment for children with Child Benefit first paid between 6 April 2004 and 5 April 2005 is £250. The reason for this is that a CTC award for children born in that tax year cannot be finalised until after that tax year has ended. This means that additional payments for these children will not be delayed compared with those for children born on or after 6 April 2005.
Further information about what you will get
