Trusts for Disabled Persons – Special Tax Treatments

Two people holding hands

Do you have a disabled family member or friend? Do they require care, and are they unable to manage their finances on their own? By setting up a Disabled Person’s Trust (a trust for ‘vulnerable beneficiaries) you will get special tax treatments based on the disabled person’s circumstances, and receive flexibility to adapt to their…

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School Fees Tax Planning Guide

School books and pencils

A private school education is an investment into your children’s (or grandchildren’s) future, but comes at a significant cost. According to the Independent Schools Council (ISC), the average fee per term was £5,064 in 2021, which equates to over £15,000 per year – and this is only set to increase as time goes on. With…

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Have You Registered Your Trust with HMRC?

The 1st September 2022 deadline for Trust registration has been and gone – and only 61,700 of one million non-taxable UK trusts had registered in the first six months of 2022. Those who failed to register could face penalties of up to £5,000. These figures suggest that many trustees are still unaware of their obligations…

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