You’re offline. This is a read only version of the page.
Last year we set up a bare trust for daughter, aged five. Other than the Trust she has no other assets or income.
The money is trust was a gift from a grandparent.
Assets in the trust are cash and listed shares managed by a reputable firm.
Since inception of the Trust last year it has made insufficient gains or income to incur tax (income below personal allowance threshold and a small loss in capital value).
As a Trustee I presume I should still be submitting a Self-Assessment Tax Return for my daughter and thus the Trust must be registered with the Trust Registration Service?