Our Trusts & Estate Practitioner Elaine Roberts explains the new changes to the way trusts are handled in the UK:
Under new legislation introduced retrospectively by HMRC, all UK express trusts (and some non-UK trusts) now need to be registered with the UK Trust Registration Service (TRS) unless they are in an exempt category.
The post Important changes to HMRC’s Trust Registration Service (TRS) first appeared on Birchall Blackburn Law.