What does a trust and estate accountant do?
A trust and estate accountant makes sure trustees and executors meet their tax obligations to HMRC. That means reporting trust income and gains on the SA900 return, settling the tax due while an estate is being administered, and advising on inheritance tax so families are not caught out.
Taking on the role of trustee or executor can feel daunting, especially at a difficult time. Tom Kingsley, an AAT Licensed Accountant and Fellow of the Institute of Accountants and Bookkeepers, works with you directly and explains each step in plain English.
How we help
Trust Tax Returns (SA900)
We prepare and file the annual SA900 trust and estate tax return for trustees.
- Discretionary, interest in possession and accumulation trusts
- Calculating trust income tax and capital gains tax
- R185 statements for beneficiaries
- Payments on account and HMRC correspondence
Estate Administration Tax
We help executors settle the tax position of an estate during probate.
- Income tax on estate income after death
- Capital gains tax on assets sold during administration
- Informal settlement or SA900 returns as required
- Final tax clearance before distributing to beneficiaries
Inheritance Tax Planning
We review your estate and help you plan so more passes to the people you choose.
- Estimating your inheritance tax exposure
- Nil rate band and residence nil rate band
- Business Relief and Agricultural Relief for owners and landowners
- Lifetime gifting and succession planning
Who we work with
- Executors and personal representatives handling a loved one's estate
- Family trustees who need annual returns filed correctly
- Business owners and landowners planning succession
- Individuals wanting to understand and reduce inheritance tax
Trusts and estates questions
More answers on our FAQs page, or see structures and tax planning.