Introduction to trusts/introduction to trusts: new trusts/Trust Registration Service: information required
The Trusts Register requires the lead trustee to provide general information on the trust previously requested on the form 41G(Trust). This includes the trust name; the date on which it was established; a statement of accounts describing the trust assets and values; the country where the trust is resident for tax purposes; the place where it is administered; and a contact address.
In addition, the lead trustee will be required to provide information on the identities of the settlor/s; the other persons acting as trustees, if any; the protector, if any: the beneficiaries or class of beneficiaries; and all other persons identified in a document or instrument relating to the trust, including a letter of memorandum of wishes.
The TRS information required for an individual will include:
- correspondence address and other contact details
- date of birth
- if UK resident, National Insurance (NI) number or address if no NINO available
- if not resident in the UK, correspondence address and passport or ID number with country of issue and expiry date.
The TRS information required for a company will include:
- Unique Tax Reference Number, if the company has one or company address if the company does not have a UTR
If a trust has a class of beneficiaries, trustees will need to provide a description of the class of persons who are entitled to benefit from the trust. Where beneficiaries within the class can be identified, the details must be reported as indicated above.