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Services >
Trust Services
 Trusts are mainly created to protect and manage a capital asset, although they continue to be a useful tax planning tool.
The main types of trust are as follows:
- Discretionary,
- Accumulation and maintenance,
- Interest in possession.
Where a trust is created for taxation purposes, the settlor is usually seeking to reduce capital gains tax or inheritance tax and this is where we can advise you in conjunction with your solicitor.
We also have in depth knowledge of dealing with the following:-
- Preparing trust accounts either on an annual or other agreed basis
- Dealing with all tax related matters including completion of the annual Trust & Estate Tax return and calculation of liabilities
- Preparing tax deduction certificates for beneficiaries
- Conducting all correspondence with HM Revenue & Customs
Trust Taxation Services
If you are a beneficiary of an estates or trust, we can also advise on the tax implications to you of the receipt of trust and estate income and assist you with the preparation of your own Tax Returns or Repayment Claims. We have expertise in dealing with the taxation of both UK and non-UK residents.
For further information, please contact Allan Russell or Katie Buckley
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