Updates: Trust Registration Service Manual
2025
Amendment to the meaning of a bare trust
Page updated due to changes to guidance following The Finance Bill 2025, Schedule 9
Income Tax and Capital Gains Tax: Remittance Basis and Domicile PART 1: REMITTANCE BASIS
Registration: contents: information required: contents: introduction
New section on mandatory information and deadlines for information that is not provided at registration.
Additional line to section: Practicalities of gathering the required information
New section on mandatory information and deadlines for information that is not provided at registration.
Additional line to section: Practicalities of gathering the required information
Deadlines: contents: additional registrable taxable trust deadlines
Added link to capital gains reporting, guidance for CGT on UK property reporting added
Added link to capital gains reporting, guidance for CGT on UK property reporting added
Deadlines: contents: introduction
Additions / changes made following issues raised that TRS 4doesnt alert trustees to 60 day deadline for CGT
How to: contents: register a trust: contents: how to register a trust online
Updates to mandatory question section
Updates to mandatory question section
How to: contents: close a trust: contents: how to close a trust online
Add the following under bullet point 9
Please ensure that all of the trust details are correct and up to date, as you will not be able to come back to a closed trust to amend any details. You can do this by selecting 鈥榤ake changes to the trust and de
Add the following under bullet point 9
Please ensure that all of the trust details are correct and up to date, as you will not be able to come back to a closed trust to amend any details. You can do this by selecting 鈥榤ake changes to the trust and de
Discrepancy reporting: contents: Material discrepancies
New paragraph sets out mandatory information
New paragraph sets out mandatory information
2024
New "How to" guidance added - TRSM92000, TRSM93000, TRSM94000, and TRSM95000.
New "How to" guidance added - TRSM92000, TRSM93000, TRSM94000, and TRSM95000.
Trust Registration Service Manual
New section added
Penalties: contents: Failure to keep the information held on TRS up to date
Clarification regarding issuing of penalties
Penalties: contents: Failure to register on time
Clarification added regarding issuing of penalties.
2023
Discrepancy reporting: contents: Material discrepancies
Changes to minor discrepancies
Discrepancy reporting: The Proof of Registration document
links to 70050 added
Discrepancy reporting: contents: Requirement to review an excerpt of the register
Clarification of ongoing maintenance
Additional information on corporate personal representatives.
Additional content added for property held on behalf of minor children.
Registration: contents: information required: contents: beneficiary details
Includes a reference to letter of wishes
Types of trust that need to be registered: contents: registrable estates: contents: introduction
Guidance updated on complex estates and new link to CG-APP18
Trust Data Requests: contents: Introduction
Clarified reasons why data may not be available to requesters added relevant links
Trust Data Requests: contents: legitimate interest and offshore company Trust Data Requests
Clarified reasons why data may not be available to requesters added relevant links
Trust Data Requests: contents: how to make a Trust Data Request
Clarified reasons why data may not be available to requesters added relevant links
Trust Data Requests: contents: exemptions to Trust Data Requests
Clarified reasons why data may not be available to requesters added relevant links
Clarified reasons why data may not be available to requesters added relevant links
Discrepancy reporting: contents: Requirement to review an excerpt of the register
Update following consultations with Representative bodies
Discrepancy reporting: contents: Material discrepancies
Update following consultations with Representative bodies
Discrepancy reporting: contents: How to make a discrepancy report
Update following consultations with Representative bodies
Discrepancy reporting: contents: Business Relationships and ongoing monitoring
Update following consultations with Representative bodies
Updated to clarify the position of business relationship to reflect other guidance within TRSM
Individual Voluntary arrangement(IVA) /Protected Trusts Deeds(PTD) section updated
Trustees changed to trust to clarify that relationship is with trust
Final paragraph added to reflect requirement of MLRs from April 12023. Capitalisation of business relationship and relevant person
Registration: contents: information required: contents: trust details
The date the trust was created section updated
Registration: contents: information required: contents: settlor details
Updated guidance on deceased settlors
Discrepancy reporting: contents: Introduction
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: contents: Business Relationships and ongoing monitoring
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: contents: Requirement to review an excerpt of the register
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: The Proof of Registration document
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: contents: Material discrepancies
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: contents: Timing of discrepancy reporting
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: contents: How to make a discrepancy report
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Discrepancy reporting: contents
Re-draft due to amendment of the legislation in September 2022 that comes in to force 1st April 2023
Trust Data Requests: contents: how to make a Trust Data Request
Detail of link updated
Updated information on CGT on UK Property paper returns.
Updated information on CGT on UK Property paper returns.
New page added
Discrepancy reporting: contents: Timing of discrepancy reporting
Detail of business relationship and reporting of material discrepancy updated
Registration: contents: introduction: contents: introduction
Removed the 鈥楬ow to Register鈥� section and new page created at TRSM33000 to include this detail.
Unit trust detail updated
Detail added regarding exemption of retirement benefits RAC
2022
Discrepancy reporting: contents: Timing of discrepancy reporting
Update to working relationship whilst assisting with the registration process.
Clarification on registration process for will trusts
Discrepancy reporting: contents: Material discrepancies
Clarification of whether a trust name is a material discrepancy and grammar correction.
Discrepancy reporting: contents: How to make a discrepancy report
Clarification of responsibility to assess whether a trust should be registered.
Clarification of responsibility to assess whether a trust should be registered and link re-instated
Discrepancy reporting: contents: How to make a discrepancy report
Details on reporting process added.
Discrepancy reporting: contents: Timing of discrepancy reporting
Additional clarification added.
Discrepancy reporting: contents: Material discrepancies
Additional clarification on material discrepancies added.
Discrepancy reporting: contents: Requirement to review an excerpt of the register
Updated information on material discrepancies.
Discrepancy reporting: contents: Introduction
Clarified discrepancy reporting requirements
Discrepancy reporting: contents: Business Relationships and ongoing monitoring
Updated examples and typo corrected.
Addition of content for premium bonds and national savings certificates
Corrections in George and Imre examples.
Additional clarification for unincorporated associations
Example added.
Trust Registration Service Manual
New section added
Trust Data Requests: contents: how to make a Trust Data Request
Links added to 鈥楳ake a data request about a trust鈥� form
Discrepancy reporting: contents: How to make a discrepancy report
Link to Report a discrepancy in a trust form added.
Types of trust that need to be registered: contents: registrable estates: contents
New page added TRSM27030
Addition of content for Scottish liferent trusts
Addition of example for Scottish property purchase
Registration: contents: information required: contents: trust details
Addition of content on Unique Taxpayer References (UTRs)
Trust Data Requests: contents: Introduction
New guidance on Trust Data Requests.
Trust Data Requests: contents: legitimate interest and offshore company Trust Data Requests
New guidance on Trust Data Requests.
Trust Data Requests: contents: how to make a Trust Data Request
New guidance on Trust Data Requests.
Trust Data Requests: contents: exemptions to Trust Data Requests
New guidance on Trust Data Requests.
Updated guidance on Trust Data Requests.
Trust Data Requests: contents: information that is accessible
New guidance on Trust Data Requests
Trust Data Requests: contents: how HMRC responds to Trust Data Requests
New guidance on Trust Data Requests
Trust Data Requests: contents: Trust Data Request Review
New guidance on Trust Data Requests.
New guidance on trust data requests
Additional content added for sub-fund settlements
Addition of further information on personal injury trusts
New section 鈥楶roperty held on behalf of a partnership鈥� added; confirmation of position for taxable co-ownership trusts
Confirmation of position for unincorporated associations
Confirmation of position for trusts established in the UK
Registration: contents: introduction: contents: introduction
Link to TRS 188体育 pages added
Registration: contents: information required: contents: introduction
New section 'Practicalities of gathering the required information' added.
Registration: contents: information required: contents: settlor details
New section 'Settlors of trusts established by Deeds of Variation' added
Deadlines: contents: introduction
Additional content on taxable and non-taxable deadlines
Deadlines: contents: additional registrable taxable trust deadlines
Minor changes; link to 32080 added.
Non-UK trusts & CGT on UK Property Account section added- detail added on reporting a disposal of property
Confirmation that Junior ISAs are not registerable
Registration: contents: information required: contents: introduction
Confirmation for information required on previous beneficial owners
Deadlines: contents: introduction
Clarification for closed trust position
Page archived.
26030 - Authorised unit trusts - archived as content now included in TRSM10030.
Unit trust section added
EFRBS/FURBS Retirement Pension scheme detail added.
European Economic Area (EEA) detail added.
Trusts created by will: examples added.
Trust Data Requests: contents: Introduction
Changes to reflect Statutory Instrument changes
Registration: contents: information required: contents: trustee details
Mental capacity description updated
Registration: contents: information required: contents: settlor details
Mental capacity description updated
Registration: contents: information required: contents: beneficiary details
Clarification on contingent beneficiaries and class of beneficiaries
Mental capacity description updated
Confirmation on the requirement to report third country entity info to type A and B trusts
Deadlines: contents: introduction
Changes to reflect statutory Instrument changes & confirmation for closed trust position
Types of trust that need to be registered: contents: excluded express trusts: contents
New page added - TRSM23160 Bank accounts for minors
IHT enveloped property detail added.
Bare trust inclusions updated & Disabled persons trust detail updated.
Meaning of acquired land clarified.
Additions to the insurance exclusion page following the Statutory Instrument changes.
Property held on behalf of minor children & Property owned by more than 4 people added and further detail on Co-ownerships trusts
Funds held on trust by registered charities section added.
Statutory provisions paragraph added
Examples added to Trusts arising from commercial transactions and minor typo corrected
2021
Employee benefit trust (EBT) & Sub-fund settlement sections added, expansion on Settlor-interested trusts section, minor wording correction to Bare Trust section.
Changes made relevant to Scottish Law & dates added to business relationship
Updates to money section, time clarification added to shares, Business, partnerships & other assets.
Registration: contents: information required: contents: mental capacity
Timing of updates to mental capacity clarified
Life Insurance policies surrender section updated/added, minor corrections to grammar and time from added to an example.
New section added for definition of business relationship. More detail added to when business relationships affect TRS registration. Reference added to new page TRSM24040.
Updated link to TRSM24040
New paragraph added.
New page added - types of trusts that need to be registered.
New page added - types of trusts that need to be registered.
Deadlines: contents: introduction
New guidance on deadlines for registration and changes
Registration: contents: information required: contents: mental capacity
Sections added to support additional 鈥榙on鈥檛 know鈥� answer for Trustees and factors in considering mental capacity.
Introduction to the Trust Registration Service: contents: who is this manual for
Paragraph removed regarding estates containing a trust
Introduction to the Trust Registration Service: contents: Feedback on this manual
New page
Introduction to the Trust Registration Service: contents
New page added
Introduction to the Trust Registration Service: contents: what is the Trust Registration Service
Legislative reference updated
The definitions of various trusts have been updated.
Small amendment under heading 'as a registrable express trust'
Registration: contents: information required: contents: trust details
Clarification of business relationship question
Registration: contents: information required: contents: trustee details
Minor amendments under 鈥楥ountry of nationality鈥� and 鈥楥ountry of residence鈥�
Registration: contents: information required: contents: settlor details
Minor amendments under 鈥楥ountry of nationality鈥� and 鈥楥ountry of residence鈥�
Minor amendments under 鈥楥ountry of nationality鈥� and 鈥楥ountry of residence鈥�
Minor clarification for information on each beneficial owner
Additional paragraphs added under 鈥楾rust created by will鈥�. Other minor changes also introduced.
Minor amendment to wording in third paragraph
Deadlines: contents: additional registrable taxable trust deadlines
Additional example included. Other minor amendments made.
Additional text added under 鈥楾rusts imposed by court order鈥�
Additional words added to second paragraph
Minor amendment to text in first paragraph
Minor amendments to the wording of the text on this page
Trust Data Requests: contents: information that is accessible
Sentence regarding confirming name of trust amended.
Types of trust that need to be registered: contents: registrable estates: contents: introduction
Clarification of estates required to register on TRS.
Trust Data Requests: contents: how to make a Trust Data Request
Minor reformatting
Registration: contents: information required: contents
Minor reformatting
Minor reformatting