When a trust is created, and the trustees are UK resident, it used to be the case that the trustees completed form 41G(Trust), which stated the trustee to whom correspondence should be addressed (the lead trustee), and sent it to HMRC. This needed to be done by 5 October of the tax year after the trust was set up. There was no need to complete the form if there was no income arising and if it was unlikely that income and capital gains would arise in the future. There was no need to use the form with a bare trust but the trustees needed to inform HMRC of its existence.

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