The government initially put £250 into the tax-free account during a child's first year, then added another £250 when he or she reached the age of seven.
For lower-income families, the payment was £500. with access to the money at 18. Parents, family and friends could also contribute to the account, up to set limits. The scheme was ended in January 2011.
See: https://www.gov.uk/child-trust-funds
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