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Trust Administration

Most trusts in the UK need to be registered.

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Trust registration refers to the process of officially recording and documenting the existence and details of a trust with HM Revenue & Customs using its Trust Registration Service. The vast majority of trusts in England and Wales are required to be registered by law. The Trust Registration Service is managed by HM Revenue & Customs. It is the Government’s way of keeping a record of the beneficial ownership of trusts.

Do I need to register a trust?

The Trust Registration Service was set up in 2017 as part of an EU anti-money laundering directive, aimed at tackling money laundering, terrorist financing and serious crime. Rules implemented in 2020 extended the scope of the trusts needing to be registered, so that most trusts in the UK now need to be registered. Trusts such as Personal Injury trusts do not need to be registered but these are one of only a few exemptions.

When does a trust need to be registered?

Trusts created after September 2022 must be registered within 90 days. Subsequent changes to trusts must then be registered within 90 days of the change. Trusts created before September 2022 should already have been registered. Any unregistered trusts of that period need to be registered as soon as possible as there may be ongoing penalties.

Who is responsible for registering the trust?

The responsibility of registering a trust falls on the trustees. A lead trustee is typically appointed to deal with the Trust Registration Service. There is a responsibility on the lead trustee to ensure HMRC’s records are kept up to date. Penalties and fines may be imposed for non-compliance.

What information needs to be given to HMRC?

Amongst other things, the trustees must enter details about the trustees (including who is to act as the lead trustee), the settlor and the beneficiaries.

Do I need to list all beneficiaries?

HMRC wants as complete an understanding of what is going on with the trust as possible. Where a beneficiary is named in a trust instrument (as opposed to featuring within a class of beneficiary), they must be included. If a beneficiary is part of a stated class, then they only need to be named if they have received a distribution from the trust.

Why choose Price Slater Gawne?

Our specialist team is experienced in trust registration. If you would like to speak to a member of the team, please contact 03333 058375 or email wealthprotection@psg-law.co.uk.

Meet the Team

  • Gareth Williams

    Partner, Court of Protection & Wealth Protection

    Gareth Williams

    t:07497 839796

    e: gareth.williams@psg-law.co.uk

  • Laura Bywater

    Partner, Head of Wealth Protection

    Laura Bywater

    t:07939 121341

    e: laura.bywater@psg-law.co.uk

  • Nina Sperring

    Partner, Wealth Protection

    Nina Sperring

    t:07301 218133

    e: nina.sperring@psg-law.co.uk

  • Gail Galloway

    Senior Associate, Wealth Protection

    Gail Galloway

    t:07399 781788

    e: gail.galloway@psg-law.co.uk

  • Lydia Palmer

    Legal Assistant, Wealth Protection

    Lydia Palmer

    t:07399 565976

    e: lydia.palmer@psg-law.co.uk

  • Marie Fletcher

    Legal Assistant, Wealth Protection

    Marie Fletcher

    t:07399 803662

    e: marie.fletcher@psg-law.co.uk

  • Suzanna Warburton

    Paralegal. Wealth Protection

    Suzanna Warburton

    t:07946 579067

    e: suzanna.warburton@psg-law.co.uk

  • Alexandra Hales

    Paralegal, Court of Protection & Wealth Protection

    Alexandra Hales

    t:07957 958134

    e: alexandra.hales@psg-law.co.uk

What our clients say...

  • “Gail has been very professional, polite and quick to respond throughout the transaction. Would happily recommend.” Mick Jennings


  • “The whole team has been accessible and very well informed.” Legal 500


  • “Top class solicitors, provided a hassle free, professional service… if you’re looking for a firm that really seems to care, charges reasonable fees and doesn’t swallow you up in legal jargon - I’d highly recommend giving them a call.” Anne-Marie Armstrong


  • “I have received a very caring and professional service from both Laura and Gail. All my concerns were answered in a considerate and prompt fashion. Thank you very much.” Justine Abrahams


  • “Gail is my solicitor and has helped me in every stage of my husband’s estate. Because I can no longer write she has simplified things for me and is very approachable whenever I ring, and doesn’t make me feel stupid when I ask stupid questions!” Margaret Borthwick


  • "Very personable and friendly, technically very strong and very ethical and client focused." Legal 500


  • "Gareth Williams, can give advice to HNW individuals with complex planning needs and also acts as a professional deputy for individuals who have been awarded significant personal injury and medical negligence claims, technically very strong and has a great understanding of the needs of the client and how to provide the appropriate solutions and service." Legal 500


Get in Touch

If you would like to speak with one of our expert lawyers, just call or email using the information below, or complete this form.

call03333 058375 mailinfo@psg-law.co.uk

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