Trust Registration service
Most UK trusts are now required to comply with the Trust Registration Service (TRS), even where no tax is payable. Failure to register or update trust information when required can result in penalties.
We assist trustees with meeting their legal obligations by:
- Determining whether registration is required
- Registering new trusts with HMRC
- Updating existing trust records
- Recording changes to trustees or beneficiaries
- Maintaining compliance with Trust Registration Service requirements
- Advising on reporting obligations
