Help & FAQs

What happens if payments to the Child Trust Fund Account exceed the annual subscription limit?

The annual Child Trust Fund limit is currently £4,368.00 per annum. If any overpayments are made, they go into a feeder account which stores the excess money. The feeder account can be viewed via the cash balance screen when logged into the Child Trust Fund Account.

At the child’s next birthday, the money will automatically transfer into the cash balance of the Child Trust Fund account, for the new year's allowance. 

Submitted on 15th Apr 2019

Did this answer your question?

Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

Read more [PDF 36.1KB]