Trusts for Disabled Persons – Special Tax Treatments

By Kate | February 2, 2023

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…

School Fees Tax Planning Guide

By Kate | January 13, 2023

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…

Have You Registered Your Trust with HMRC?

By Kate | September 6, 2022

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…