AML & Trusts Registration - The New Rules

Introduction

The new rules are now in force requiring the registration of ‘express’ trusts with HMRC, regardless of their tax liability.

There are some exemptions, and so the legislation is not easy to follow - and may affect a significant number of trustees who may be unaware of the changes and how to implement the rules.

This short webinar will help you to understand the types of trust which are required to register, the information required and what happens once a trust is registered.

It is suitable for practitioners advising those with existing trusts and those considering creating trusts.

What You Will Learn

This webinar will cover the following:

• When is the TRS required?
• Key dates
• Making changes to the TRS
• How to find whether a trust is registered
• Requirements when the trust is taxable

This webinar was recorded on 28th February 2023