Trust and Estate Returns in Bath

Trust and Estate Returns in Bath R D Owen and Co

An effective vehicle for controlling and protecting assets, trusts are a popular choice for many. However, there are a number of tax and legal obligations which come with being a trustee.

Trustees are responsible for making sure that any taxable income or capital gains received by the trust are declared on the Trust and Estate Tax Return. In addition, trustees are required to maintain records of the trust's income and expenses. They must also provide information to beneficiaries, and manage any inheritance tax (IHT) liabilities.

There are several different types of trust, and the tax implications and record-keeping requirements vary accordingly.

Trusts can be a particularly confusing area of taxation. R D Owen and Co have a wealth of experience in this area and can guide you through the minefield.

R D Owen and Co in Bath can help with all types of Trust Return, covering such areas as:

  • Dealing with HMRC on the trustee's behalf
  • Inheritance tax services
  • Advising on the trust's income tax or capital gains tax (CGT) liability
  • Completing the Trust Return
  • Preparation of estate accounts

Managing Trust and Estate Returns is an important responsibility. However, R D Owen and Co in Bath can lighten the load by taking the hard work off your hands. Our team will deal with the necessary paperwork, while also ensuring that you are making the most of any tax planning opportunities.

Please contact us for further help and assistance.