Oxford: 01865 950972 

Oxford: 01865 950972 

Marlow: 01628 951283

Trusts

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Understanding trustees' needs and the technical issues facing them are essential for the efficient administration of a trust.

The importance of good trusts administration

A trust is a complex legal arrangement and we can guide you through the complications

Trusts can be a very useful vehicle for safeguarding family and business assets, enabling wealth to be managed efficiently and to be passed to future generations.

Legislation and the tax regime are constantly changing and it is therefore important to make sure your trust is being managed and administered correctly.

By assisting trustees with the tax affairs, management and administration we enable them to concentrate on running the trust effectively and efficiently for the benefit of all the relevant parties.

We provide expert advice and professional support

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Read our Trusts case studies here

Trusts administration services

Our team has extensive trust administration experience and can help to manage your trust's accounting and tax reporting requirements in a collaborative and efficient manner.
We are also able to provide accounting services to ensure that the trustees have up to date and accurate information available to them. 
Trusts can be liable to a range of tax compliance issues depending on how they are structured. Making sure that all compliance issues with HMRC are dealt with is vital to the efficient management of a trust. We can help with the tax compliance issues affecting the trust including any reporting obligations.
Our team can assist trustees in choosing the most appropriate people to manage the investments and banking and advise on ongoing monitoring of performance.
For more information on our trust administration services, please contact us.

Trust tax planning & compliance

Whether you wish to create a trust, end one or any event in between, our team will work tirelessly to provide a pragmatic and tax-efficient solution.
We can also deal with all of a trust's obligations under self-assessment, producing timely and accurate annual tax returns, not only for the trust, but also for beneficiaries. When required, our team can also use their considerable experience to liaise with HMRC to achieve the best results. 
Additionally, our team can calculate the Inheritance tax due and complete your Inheritance tax returns for chargeable events including when making additions to trust or distributions out of the trust, along with any periodic charges. We can monitor a trust's Inheritance tax status to ensure that chargeable events are not missed.

Trust Accounts


We can provide bookkeeping services and prepare trustees' annual accounts to comply with the Society of Trust & Estate Practitioners' guidelines.

Every client is valued equally and treated with genuine compassion.

Legal 500, 2019

Charitable Trusts

We can provide appropriate accounts for your charitable trust, independently examined or audited, where appropriate. We can also fulfil your ongoing compliance obligations by completing the Charity Commission's online annual return on your behalf and where necessary, an annual self-assessment tax return.

Trusteeships

Our advisors have many years of experience of acting as trustees - in particular, they recognise the importance of providing a personal service for our clients.

Examples of the trusts services we can provide

We can provide a tailored service for each trust depending on the circumstances and the individual requirements of the trustees. Below are examples of the services we can provide.

    acting as trustees 
    advising charitable trusts
    preparation of interim and/or annual accounts 
    checking and reconciling investment manager information
    provision of bespoke management reports
    completion and submission of trust tax returns 
    completion and submission of inheritance tax returns dealing with ten year anniversary charges and exits from a trust
    calculating tax liabilities and advising trustees of amounts due and payment dates
    advising trustees on payments to or on behalf of beneficiaries
    preparing trustee resolutions 
    attending trustee meetings 
    liaising with other professional advisers such as banks investment managers, property rental agents etc.

Contact The Burnside Partnership

For more information on our services or how we can help, please get in touch.