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All you need to know about Trust Registration

13.04.2022

Private Client

 

 

 

 

Trust Registration Service - what you need to know

From 6 October 2020 new legislation brought more Trusts within the scope of the 

Trust Registration Service (TRS). This requires more Trusts to be registered, and 

make annual declarations. 

 

For many Trusts, the need to register has been in place since 2017. The new legislation 

encompasses arrangements that you might not expect, such as: 

For most Trusts, the registration deadline is 1 September 2022

Where we directly act for a Trust, we have been liaising directly with the Trustees regarding 

their obligations. 

 

However, many other arrangements will be caught by these rules and you may need 

to take action to ensure you comply with the new rules. 

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