The information required to be provided to HMRC is as follows.

Trust details

the full name of the trust;

the date it was established;

a ‘statement of accounts’ describing the trust assets and identifying the value of each category at the date on which the information is first provided to HMRC;

the country in which the trust is resident;

the place in which it is administered;

a contact address for the trustees; and

the full name of any advisers being paid to provide legal, financial or tax advice to the trustees in relation to the trust.

Details of beneficial owners

In relation to all the beneficial owners (settlor(s), trustees and current/potential beneficiaries):

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.