Detailed guide: Register your client’s trust

When to register

If your client has a trust with a tax liability you must register by 5 October of the tax year after either:

• the trust has been set up
• when it starts to make income or chargeable gains, if this is later

What you need

Trust

You’ll need:

• the name of the trust
• the trust address and telephone number
• the date the trust was established
• where the trust is resident

Beneficiaries

For individual beneficiaries, you need their:

• name
• date of birth
• National Insurance number or passport details

To register:

• unidentified beneficiaries you’ll need the description of the beneficiaries from the trust deed
• company beneficiaries you’ll need the company beneficiary name and Unique Tax Reference (UTR) number
• charity beneficiaries you’ll need the charity beneficiary name

Trustees, settlors and protectors

You need their:

• name
• date of birth
• National Insurance number or passport details

You’ll also need the trustee’s telephone contact number.

To register a corporate trustee, you’ll need their:

• company name
• company UTR number
• contact email address

Assets

For share assets you need the:

• share company name
• number of shares
• class and type of share
• value of the shares when the trust received them

For property assets you need the:

• name of the property or land
• full value of the property or land
• value of the asset allocated to the trust

For money assets you’ll need the total amount of money in the trust.

How to register

You need to have an agents service account. If you’ve already got one, you need the User ID and password you created when you set up the account.

If you don’t have an account you can create one the first time you register a trust. You’ll need your agency’s UTR and postcode to do this.

You can save your progress, however you can’t update your registration once you submit it.

What happens next

We will send your client a UTR – you’ll need it to send a tax return using the Self Assessment for Agents online service.