Taxation of Offshore and Onshore Trusts

The taxation of trusts can be highly complex, with differing rules for onshore and offshore trusts. At Tax and Accounts UK, we provide expert advice to trustees, beneficiaries, and settlors to ensure compliance while minimising tax exposure.

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Our Services Include:

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• Trust Creation and Structuring: We advise on the tax implications of setting up onshore and offshore trusts, ensuring the structure aligns with your objectives.
• Compliance and Reporting: We assist trustees in meeting their obligations, including filing trust tax returns and adhering to HMRC reporting requirements.
• Income and Capital Gains Tax: Our team provides guidance on the taxation of trust income and gains, both for the trust itself and its beneficiaries.
• Inheritance Tax Planning: We help you navigate the inheritance tax implications of trusts, ensuring your wealth is passed on efficiently.
• Advice for Beneficiaries: If you are receiving distributions from a trust, we provide tailored advice on your personal tax obligations.

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With our deep understanding of trust taxation, we help you navigate the complexities while safeguarding your financial interests.

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