UK: Trust registrations due 1 September 2022
The Trust Registration Service (TRS) was extended in September 2021 to all existing UK trusts and some non-UK trusts.
The Trust Registration Service (TRS) was extended in September 2021 to all existing UK tru
The requirement for certain trusts with a UK tax liability to register on the Trust Registration Service (TRS) and provide specific information to HM Revenue & Customs (HMRC) was originally introduced in June 2017 on the UK’s adoption of the Fourth EU Anti-Money Laundering Directive.
The TRS was extended in September 2021 to all existing UK trusts and some non-UK trusts, subject to limited exceptions, irrespective of whether the trust has a UK tax liability. The deadline for such trusts to register with HMRC is 1 September 2022.
Read a 2022 report prepared by the KPMG member firm in the UK
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