News and Events
Don Johnson

Trust Registration deadline has been extended

  • Posted

More trusts are required to register under the Trust Registration regime and the last deadline was September 2022. While the requirement remains, HMRC have recognised that many trustees are unaware of the change and have said penalties are unlikely to be imposed where the lack of action is due to ignorance. But the clock is still ticking for trustees to catch up with the changes and should take advice on whether they apply to their situation.