Trust and Estate accounts and tax and related work
I offer support to law and accountancy firms in the preparation of trust and estate accounts and tax returns. Keeping these up to date reduces a firm’s risk of having to meet the cost of irrecoverable over-distributions to beneficiaries, and tax related interest and penalties. It also reduces complaints arising from delays in the completion of administration.
Other related work may be undertaken, for instance registration of trusts and estates on HMRC’s portal; advice on the income, capital gains and inheritance tax treatment of transfers of income and capital to beneficiaries; completion of Inheritance Tax Returns; straightforward personal tax returns / repayment claims, etc.