Trust Registration Category page for Trustee Support Services
What is the Trust Registration Service? Please feel free to download our presentation document which will give you important guidance and information on HMRC’s Trust Registration Service (TRS). You may also find the material and guidance on the Trustee Registration service on the following pages: The Trust Registration Service Register a Read more…
Ensure your trust is properly registered with HMRC before the deadline There are now 3 months to go before the 1 September 2022 deadline for trustees to register existing trusts on HMRC’s Trust Registration Service (TRS). UK express trusts (generally, trusts created by a trust deed, declaration of trust, will Read more…
Trustees of trusts created after 2 June 2022 that require registration should register their trust within 90 days of the date of the trust’s creation May Day marked 4 months to go to the deadline for existing express trusts to register on the Trust Registration Service (TRS) within the deadline Read more…
HMRC published further amendments to the Trust Registration Service (TRS) Manual on 14 April 2022. These updates included: We have also been in correspondence with HMRC to seek further clarification around the types of life assurance policies that can allow a trust to be an excluded trust for the Read more…
Trustees of existing express trusts have register their trust on the Trust Registration Service The clock is continuing to tick down towards the deadline of 1 September 2022 for trustees of existing express trusts to have registered their trust on the Trust Registration Service. Trustees of new trusts have a Read more…
What happens if I don’t register a trust on the TRS? Trustees of trusts that require registration on the Trust Registration Service (TRS) have a deadline to register the trust by 1 September 2022 (or within 90 days of creation of the trust, if later, so relevant for trusts created Read more…
Halfway point for registration of trusts on HMRC’s Trust Registration Service (TRS). Today, 28 February 2022, marks the halfway point for registration of trusts on HMRC’s Trust Registration Service (TRS). New rules introduced on 1 September 2021 gave until 1 September 2022 for all UK express trusts (and some non-UK Read more…
Should I register my trust myself, or is it better to use an agent? The bottom line is that it is the responsibility of trustees to register their trust(s) on the Trust Registration Service (TRS) within the deadlines that apply, which are by 1 September 2022 or within 90 days Read more…
Do pilot trusts (including spousal bypass trusts) need to be registered on the TRS? We are aware that there may be some confusion as to whether pilot trusts (including spousal bypass trusts used to accept pension and death-in-service scheme death benefits) require registration on the Trust Registration Service (TRS), especially Read more…
Do I need to register my trust? Trustees of most UK trusts and some non-UK trusts now need to register their trusts on HMRC’s Trust Registration Service (TRS), following the introduction of new rules that took effect on 1st September 2021. A deadline applies meaning that a trust requiring registration Read more…