Trust Registration Service - Annual declaration

Is it mandatory to make the annual declaration via the online trust registration service?

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Hello, now that HMRC have opened the online trust registration service to allow certain details of existing trusts to be be updated online, and the annual declaration to by made, does anyone know if it is mandatory to make the annual declaration this way? The problem is that at the moment it seems the only way to get the additional authorisation needed is via this 'digital handshake' with the client, which requires the client to have a Government Gateway login.  I can't get through to HMRC Trust department at the moment...

https://www.gov.uk/guidance/manage-your-trusts-registration-service

Any experience welcome, thank you

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By gogarloch
09th Jun 2020 08:58

I tried to go through it for one where I am the Trustee, the system currently crashes out with "page not found" when doing the identity checks. I will leave it a few weeks and try again,

I can see I am going to have problems with clients who don't want the hassle of the digital handshake when they have already supplied 64-8. Hard to explain to them that I need both.

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By leeanthonyblackshaw
09th Jun 2020 12:23

There's a very good update article in Taxation magazine on this topic: https://www.taxation.co.uk/articles/explaining-the-updated-trust-registr...

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accountant in london
By Accountant in London
21st Jul 2020 13:09

It seems that it is mandatory. The deadlines don't seem very clear, but it makes sense to do it as follows:

If it is the first annual declaration then maybe to follow the first option unless an update was made via a change to trust details:

"If any change happened before 6 April 2020, you must update the details by 31 January 2021" OR between now and 31/01/2021.

( I recently updated some changes relating to Sept 2019 in June 2020 so I won't do an annual declaration between July 2020 and 31/01/21 and next annual declaration will be between 6/04/2021 and 31/01/2022)

and going forward after the first declaration to follow the second option:

"If the change was in the tax year 2020 to 2021, you must update the details by 31 January 2022"

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accountant in london
By Accountant in London
22nd Jul 2020 11:49

Speak of the devil - HMRC have just update their guidance on this

Update on GOV.​UK.

Manage your trust's details

Page summary
Use this online service to update the details of your trust, or declare no changes, on the Trust Register.

Change made
The sections for updating trust details and declarations have been updated and a new section about deadlines has been added.

Time updated
11:41am, 22 July 2020

Deadlines
If there was a change before 6 April 2020 and the trust was liable to tax for any of the 3 tax years up to 6 April 2020, you must update the details by 31 January 2021.

If the change was in the tax year 2020 to 2021 and the trust was liable to tax for that year, you must update the details by 31 January 2022.

If there have been no changes to the trust details, but the trust was liable to tax for any tax year, you must declare this on the Trust Register by the same deadline as if there had been a change.

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