Trusts are not just for the rich, but can simply be a useful way of planning ahead. Whether you are supporting children through education, planning your retirement or wanting to pass on assets, a trust may be beneficial.

How can we help you?

We can advise on the benefits of creating a Trust, and whether it is the right option, looking at your capital gains tax, inheritance tax and income tax position.

Our advice can optimise the tax position for new and existing Trusts. We can deal with annual compliance requirements as well as preparing regular ‘tax efficiency reviews’ and we can prepare the Trust’s accounts and calculate any tax liability.

We can also advise beneficiaries on the tax implications of receiving money or assets from a Trust.

Other tax services

Featured news

Tax update: Family investment companies (FIC)

Monday 23 October 2023

Family investment companies (FIC) have grown in popularity in recent years and are used for numerous purposes but most commonly for succession planning and as a tax efficient estate planning vehicle. Find out more in our article.

Tax update: Trust registration service - keeping records up to date

Thursday 27 July 2023

The trust registration service (TRS) requires any new trusts to register online within 90 days, regardless of whether they have a tax liability, and trustees have an obligation to keep their TRS record up to date.

Spring Budget 2023: Trusts and estates

Wednesday 15 March 2023

The spring 2023 Budget announced two changes for trusts and deceased persons’ estates with the aim of simplifying the reporting and taxing of income from 2024/2025 onwards.

Tax update: Trust registration service (TRS)

Monday 26 September 2022

Most UK trusts and some non-UK express trusts in existence should now have been registered under the TRS, unless they fall within a specific exemption. There was already a requirement to register taxable trusts, however, the regime has since been extended to also include non-taxable trusts.