Research by Canada Life shows that around 1m trusts are yet to be registered with HMRC, despite an increase in registrations this year. HMRC received over 36,000 registrations in May and June, with this almost twice as many as was received for the whole of 2021. Data...
In the 2021 Autumn Budget, Chancellor Rishi Sunak announced that the deadline for people to report and pay the CGT owing from the sale of a property was being immediately increased to 60 days, up from 30 days. To do this, you must submit a residential property return...
New rules came into force in October 2020 that require all UK trusts, apart from a few exceptions and some non-UK trusts in existence on or after 6 October 2020, to register with The Trust Registration Service (TRS) by 1 September 2022, including trusts that have...
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