What the Trust Registration Service is, and who needs to register
Which trusts are excluded and don’t need to register
Important timescales relating to the registration process
The Trust Registration Service (TRS) is a register of the beneficial ownership for UK and some non-UK trusts. New rules recently came into force extending its scope to include all UK and some non-UK trusts to be registered by the trustees before 1 September 2022, regardless of whether or not they are liable to pay any tax.
Our simple guide helps trustees understand whether or not they have to register their trust, highlights key things to know, and a step-by-step on how to complete the process.
A step-by-step video by our colleagues at Technical Connection can be viewed here.
This document is marketing material for a retail audience and does not constitute advice or recommendations. Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.
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