We are Scottish Solicitors with around 200 Discretionary Trusts set up over the last 10 years containing only the Settlors dwellinghouse and no other funds.
The Settlor is a Trustee along with family members and we appreciate CGT will require to be paid when the house is sold which is occupied by the Settlor.
Can anyone confirm these Trusts require to be registered with the TRS before September, 2022?
Margaret E Burton
Margaret E Burton
At: Braidwoods Solicitors, One Charlotte Street, Dumfries
Tel: 01387 257272
Fax: 01387 257282
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