Trust Tax & Advisory

Clear advice for managing trusts and their tax responsibilities

Trusts can be a useful way of managing and protecting assets, but they can also bring ongoing tax, reporting and administrative responsibilities.

Whether you're considering setting up a trust, already act as a trustee or are involved with an established trust, our specialists can help you understand the tax implications and keep on top of your responsibilities.

We provide practical advice to trustees, settlors and beneficiaries, looking not only at the trust itself but how decisions may affect the people involved.

How We Can Help

Our Trust Tax & Advisory service can support you with:

Trust tax returns
Preparing and submitting the necessary returns and calculations.

Trust Registration Service
Helping with registration and ongoing reporting requirements.

Tax advice for trustees
Understanding the tax implications of decisions relating to the trust.

Advice for settlors and beneficiaries
Considering how the trust interacts with their personal tax position.

Ongoing trust tax planning
Reviewing the position as circumstances, assets or tax rules change.

Trusts don't exist in isolation, so our advice considers both the trust itself and the wider tax position of the people connected to it.

We are passionate about finding the tax opportunities available for you and your trust, to ensure you are able to retain wealth, whilst paying the right amount of tax at the right time.

When Might You Need Trust Advice?

It can be worth speaking to us if:

You're considering setting up a trust
You've recently become a trustee
An existing trust needs to be registered
A trust has tax or reporting obligations to meet
Assets are being added to or distributed from a trust
The circumstances of a settlor or beneficiary have changed
You're unsure how a trust may affect your own tax position
An established trust hasn't been reviewed for some time

Getting advice at the right stage can help you understand your responsibilities and make informed decisions about the trust and the people it benefits.

Why Choose Charlton Baker?

Trusts can involve more than one area of tax and often form part of wider family, wealth and estate planning. Our trust specialists work alongside advisers across Charlton Baker, giving you access to joined-up expertise when you need it.

You'll benefit from:

Established since 1984: decades of experience supporting individuals, families and businesses.

11 offices across the South West: combining local relationships with expertise from across the firm.

ICAEW Chartered Accountants & Tax Advisers: giving you confidence in the expertise behind your advice.

Specialist trust tax knowledge: support with compliance, reporting and more complex trust tax matters.

Joined-up expertise: access to wider tax, wealth, wills, probate and business expertise when required.

A personal approach: clear, practical advice based on the trust and the people involved.

Fixed fees agreed upfront: so you have clarity over costs before work begins.

Award-winning firm: backed by the experience and resources of the wider Charlton Baker team.

Whether you need help with a specific trust tax requirement or broader advice around family wealth and estate planning, we'll help you understand your position and what needs to happen next.