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HMRC update guidance on whether offshore unit trusts are required to register on the Trust Registration Service

07/02/2023

HMRC have updated their Trust Registration Service (“TRS”) manual to state that unauthorised unit trusts (such as JUTs and GUTs) will need to consider whether they are required to register trust details on the TRS. Previous guidance stated that “unit trusts...

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Authors

Portrait ofLauren Alder
Lauren Alder
Partner
London
Portrait ofPhilip Anderson
Philip Anderson
Partner
London
Portrait of
Hannah Jones
Assistant Professional Support Lawyer, London