Trust Registration Service
Since 2017, HMRC have required any tax-paying Trusts to be registered with them through the online Trust Registration Service (TRS). The latest UK Money Laundering Regulations have now extended this requirement to include most non-tax-paying Trusts. It is the responsibility of the Trustees to register the Trust via the TRS.
Any existing non-taxable Trust must be registered by 1 September 2022. Any new Trust created from 4 June 2022 must register within 90 days of being created.
How to Register a Trust with the TRS
The materials on this page are provided to assist Trustees with the registration of the Trusts they have responsibility for. We believe these materials give a comprehensive view of ‘why’, ‘when’, ‘how’ and ‘by whom’ Trusts need to be registered. However, they may not be exhaustive and we recommend that you contact us, or your chosen trusted Adviser, Accountant or Solicitor to discuss any queries or concerns you may have.
In terms of using the linked material on this page, we suggest that you first watch the ‘How to’ video and then read the materials.
If you need to talk to us, get in touch here.
Trusts are not regulated by the Financial Conduct Authority.
Got a question?
Do get in touch with us if you need a bit more information about these services, or any of our other financial planning advice.
