Trust Tax

We have in house expertise on the following :-

• Personal Injury Trusts
• Will Trusts
• Discretionary Trusts
• Life Interest Trusts

We will also advise you on the compliance issues surrounding a Trust such as notification of commencement and reportable changes to the Trust.  It is essential that you disclose certain information direct to HMRC as it does not necessarily follow that a Self Assessment Return will issued annually.

Trustees should bear in mind that they have an obligation to notify changes that funds have been added to a Trust, capital withdrawn, Changes effecting the Trustees appointment, address, resignation etc, and if the Trust is closed.

Our team can offer support by providing technical help and support to the Trustees – help is simply a telephone call or an email away.

We will also produce Trust accounts on an annual basis and make these available for the Trustees meeting.

Trust and Personal Self Assessment Returns are also produced and you will be advised of the tax payable/repayable in good time to meet your liabilities.