A trust is similar to a business in the sense it has its own independent legal status.
There are many types of Trusts, which all have different levels of tax rates.
Completing the Trust Tax Return can be daunting, we can support you in completing it correctly and sending it to HMRC by the deadline date to prevent any penalties for incorrect and late returns.
We manage a number of Trusts from creation and maintenance during their lifetime through to closing. Trusts can be a practical tool for succession planning, wealth management and tax mitigation. We can provide advice on the suitability of a trust according to your unique requirements and family circumstances.