There are many types of Trust that each have their own tax treatment. It is a complicated subject, so it is recommended to seek expert advice on the best choice for you.

We at Care Accountancy ensure that you have a deep understanding of your family’s situation and tax situation. We will then suggest the most appropriate type of Trust for your specific needs, including setting up the Trust and filling out all the paperwork, and providing accounting services. We also can advise you on the creation of your will and, if required you can be trustees, executors, or trustees.

Disclaimer

We offer the following services:

• Considering your finances
• Arranging administration
• Implementing solutions that are tax-efficient
• Giving advice on the types of trusts
• Assisting in the making of wills
• Offering advice on the various elements of planning for the future.

Our Tax advisors can give the required information to your lawyer or solicitor adviser to help them create the best Trust for you and your beneficiaries.

Trusts can be a delicate subject and, having set up one, we will assist in the preparation of tax returns. Self Assessment Tax Returns on behalf of the trustees. We also provide:

• Accounts preparation for an annual trust account
• Acting as trustee
• Minutes of meetings that are concerned with running the trust
• The drafting of trustees’ policies statements
• Trusts can plan their inheritances in a way that is beneficial to them
• Informing taxpayers of the importance of tax due dates
• providing income statements for beneficiaries
• In the process of preparing tax returns for beneficiaries

Click here to know more about our Trust and Estates Services.