Accountants can often get pigeon-holed, but at Lambert Chapman, we aim to offer more than the average. For example, did you know that we can support solicitors and financial advisers with registering your Trusts with HMRC? In 2017, as part of EU legislation, a new...
It can often be difficult when a loved one passes, but this can also create a period of significant estate administration regarding their assets and taxes. This can start with understanding their Inheritance Tax position, but can lead to the requirement to file...
Following our previous article (Update to the trust Register – July 2021) and Katy Stables’ recent update regarding the registration of non-taxable Trusts (Deadline for registering with the Trust Registration Service – Aug 2022), the deadline of 1...
Following changes made to the UK’s anti money laundering laws and implementation of the Fifth Money Laundering Directive, all express trusts must now register with HMRC’s Trust Registration Service (TRS). An express trust is a trust that has been deliberately created....
It has been a requirement for some time that if a trust is liable to pay any tax, then the trust must be registered on the HMRC Trust Register. HMRC have now released guidelines outlining the requirements for trustees of non-taxable trusts to also register. The trial...
We would like to congratulate our Senior Tax Manager Lucy Orrow for successfully completing her STEP Diploma in Trusts & Estates and qualifying as a Trust and Estates Practitioner (TEP). Members of STEP include the most experienced and senior practitioners in the...
