Processing single declaration trust returns
Trustees may complete a single declaration to cover a number of returns. Details are at TSEM3060.
The trust office
- checks that it has all returns covered by the single declaration
- processes the returns
- files the single declaration in the ‘single notice/ single declaration’ establishment file. It keeps the declaration for 21 years.
Sending back an incomplete return
A trust office sometimes has to send back a return because it is incomplete. When the trustee resubmits it he must sign the declaration on the return or on the hardcopy printout if using e-filing. The original single declaration does not cover the amended return.