Existing trusts

I am sure this has been discussed within an existing post but everything I have read still seems unclear.

I understand that if you have an existing pre 2016 trust that has no income this does not need to be registered until income or capital gain arises. similarly with a bare trust.

if however you have a trust pre 2016, where income or capital gains have arisen and HMRC have been notified under the old 41G scheme do you have to β€˜re’ register or is that already deemed to be registered. if so does it still have to be registered before the January deadline.

sorry if this is an already answered question.

Paul Mounce
Graham & Rosen

It must be registered by 31.1.18. The 5 jan deadline only applies to new estates and trusts

Simon Northcott

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