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Important Changes To The Reporting Of Non-Taxable Trusts

Register via the Trust Registration Service ...

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Posted by Helen Beaumont on 04/10/2021 @ 8:00AM

New rules mean that Non-Taxable Trusts can register, and the deadline for this has now been set. All trustees should take note to register their trust details on HMRC's own Trust Registration Service ...

I strongly recommend speaking to a tax adviser about any Non-Taxable Trust that isn't already registered!

I strongly recommend speaking to a tax adviser about any Non-Taxable Trust that isn't already registered!


The deadline for this registration is the 1st of September 2022, and there are a number of other situations where other deadlines apply. However, some trusts are excluded from this need to register as long as no taxable events occur.

Trustees have been under obligations to register their new trust since 2017 using the TRS portal. Any trust that incurs Income Tax or Capital Gains Tax should report this by the 5th of October of the next tax year. Trusts that have Inheritance Tax or Stamp Duty Land Tax liabilities must report by the 31st of January following the tax year.

"If both apply, the earlier deadline
is the one to submit by!"

These new provisions mean trusts have to register even if there is no tax liability or a return to submit because of it. This is because the United Kingdom needs to comply with international money-laundering agreements.

It came to light recently that the TRS portal didn't have any facility for registrations of Non-Taxable Trusts; however, this has been resolved since the 1st of September 2021.

The deadlines are as follows:

  • Non-Taxable Trusts that exist from the 6th of October 2020 must be registered by the 1st of September 2022

  • Non-Taxable Trusts created after the 1st of September 2022 must be registered within 90-days

  • any changes to the details of a trust must be registered within 90-days

  • trusts with tax liabilities have the same deadline as those that currently exist

I strongly recommend speaking to a tax adviser about any Non-Taxable Trust that isn't already registered, and regular reviews will be needed if anything changes so that they can be properly reported.

Until next time ...



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About Helen Beaumont ...


Helen brings the personal tax planning experience of the top 20 tax companies to Essendon. Formerly of MacIntyre Hudson (with 45 offices nationwide), Helen worked at Chancery for more than 10 years before joining Essendon as the personal tax specialist.

Tax Planning can make a considerable difference to your tax liability. Helen has specialist knowledge and experience in tax planning and uses every opportunity to minimise your tax bill is utilised. By analysing your investments, income, profit and expenditures, Helen will provide strategic tax planning expertise that could offer significant savings, whilst delivering clear, honest advice and guidance.

When Helen is not at Essendon she spends time with her young son and likes going on long walks with the family dog.