- 128 City Road, London, United Kingdom, EC1V 2NX
- enquiries@wingateaccountants.co.uk
- 01615314179
Accountancy and tax support for trustees: Trust Registration Service registration and updates, annual trust tax returns (SA900), trust accounts, beneficiary tax certificates and Inheritance Tax charges on relevant property trusts.
From simple family trusts to discretionary trusts holding property and investments.
Trust tax returns, IHT 10-year and exit charges.
Life interest trusts, often created by wills.
Assets held for children or other beneficiaries.
Elections and special tax treatment where available.
Rental income, property sales and 60-day CGT returns.
Dividends, interest and portfolio gains.
An annual fixed fee for ongoing compliance, or one-off help with registration or IHT charges.
Every trust is different, so we provide a written fixed-fee quote after a free initial consultation. All quotes include VAT.
We work alongside your solicitor, who prepares trust deeds and legal documents.
We review the trust deed, assets and current compliance position.
We agree an annual fixed fee and a compliance calendar.
We prepare the accounts and tax return for trustee approval.
We file with HMRC and keep the TRS record current.
| What | When |
|---|---|
| Trust Registration Service | Register within 90 days of the trust being created or becoming liable to tax; update within 90 days of changes |
| Trust tax return (SA900) | 31 October (paper) or 31 January (online) after the tax year |
| Trust tax payments | 31 January and 31 July, as for Self Assessment |
| IHT 10-year anniversary charge | Every 10 years from the trust’s creation (relevant property trusts) |
Many trusts pay Income Tax at the trust rate of 45%, or 39.35% on dividends, with beneficiaries able to reclaim tax in some cases using the R185 certificate. Trusts also pay Capital Gains Tax on disposals. Relevant property trusts, such as most discretionary trusts, can face Inheritance Tax charges every 10 years of up to 6% of the value, and exit charges when assets leave the trust.
Most UK express trusts must be registered with HMRC’s Trust Registration Service, even if they don’t pay tax, and the record must be kept up to date. Penalties can apply for late registration or out-of-date records.
Official guidance: Trusts and taxes · Register a trust as a trustee
Transparent pricing, confirmed in writing before any work begins. No hourly charges and no surprises.
Work directly with a qualified accountant who knows your affairs, never a call centre.
Responsive support by phone, email and WhatsApp, with clear advice in plain English.
Experienced with Xero, QuickBooks, FreeAgent and Sage, as well as spreadsheet records.
“Professional and reassuring when dealing with my CGT obligations. I’d definitely use Wingate again.”
“Consistently good service for company accounts. They’re proactive rather than reactive, which makes a big difference.”
“Wingate have processed my tax returns for some years now & I am more than happy with service provided.”
Share a few details and a qualified accountant will respond with a fixed-fee proposal, usually within one working day. All prices include VAT.
Request your quoteWhatsApp 0161 531 4179
We are Independent firm of chartered Accountants and provide Tax and compliance services to businesses and Individuals. Our purpose is to make a meaningful difference to our clients.
Monday to Friday : 09:00 – 17:00 Saturday & Sunday : Closed
