I have one question regarding the information that I need to update on the TRS.
The trust subject to the registration is holding properties as a bare trust. The trust is not taxable.
My director sent me a list of the properties which are held by this trust and said “the amendments should reflect this position”.
I am new to the TRS but as far as I know, there is no sections on the portal to enter the property details. The only question that I know is whether the trust acquired any properties on or after 6 October 2020.
Could I please ask what I am missing here? I don’t want to look dumb by asking my director to clarify what he meant by “reflecting the position” but could I ask where can I add the property details on the register?