Providers given time to prepare

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The Government intends to implement rules concerning the Child Trust Fund (CTF) ahead of its April 2...

The Government intends to implement rules concerning the Child Trust Fund (CTF) ahead of its April 2005 launch to give providers a head start on early applications. Children born on or after 1 September 2002 are eligible for a CTF account and the Government is therefore expecting there will be a large number of children who will need accounts opened and payments processed at the start of the scheme. In order to manage this peak of work for both providers and the Inland Revenue, the starting date of certain provisions in the regulations will be brought forward. For example, vouchers, whi...

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