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Makes available the latest paragraphs for you to consider including in your Terms & Conditions.
text for Terms & Conditions:
T's & C's: Trust Registration
Change Date : 14/07/2026 | Word Count: 164 | Deployment Measure : 8/10
Rationale:
Alerts clients that many trusts now must register with HMRC's Trust Registration Service (TRS), with a £5,000 fine for non-compliance. Puts the firm's requirement in writing that it needs evidence of registration before doing substantive work, and flags that non-compliance may trigger a report to HMRC/NCA
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