Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Trusts registration service update

01 June 2021
Issue: 4794 / Categories: News

The May edition of the Trusts and Estates Newsletter includes an update on the trust registration service.

HMRC confirms that taxable trusts are now required to provide additional data to confirm whether:

  • it is an express trust;
  • a non-UK trust has a business relationship in the UK;
  • the trust has purchased any UK land or property; and
  • the trust has a controlling interest in a non-European Economic Area company.

HMRC adds that further data about the individuals involved in the trust can now be provided including country of residence nationality and whether the person has mental capacity at the time of registration.

From 17 May 2021 HMRC started inviting non-taxable trusts to register and make changes to their trust details. Use of this service is currently available only on a limited basis to invitees to allow for service development and enhancement.

Anyone with a non-taxable trust...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
back to top icon