Trust Administration and Accounting

Do you need help with management of a (charitable or private) trust?

If you are a professional adviser :

Do you find it difficult to provide accounting and tax compliance at a sustainable cost?

Are you finding it difficult to retain or recruit qualified staff?

Has the number of trusts declined making it less economic?

Do you want to enhance your trust client relationships?

If you answer ‘Yes’ to any of these questions Cripps Harries Hall LLP can assist.

Cripps Harries Hall LLP is one of the largest and highly regarded firms in the South East. Our qualified trust management team provides a full administration or bespoke service. We can deliver solutions to your problems by removing many of your operational responsibilities - functioning as your back office or as your agent, whichever you prefer.

At Cripps we can deal with all or any of the aspects of trust administration including

• Initial set up
• Day to day book-keeping
• Payments and receipt of funds
• Selecting and instructing investment advisors or managers and monitoring performance
• Instructing managing agents for property investments
• Trustees’ meetings
• Communication with other advisors
• Preparation of trust accounts
• Calculation of income tax, capital gains tax and inheritance tax
• Preparation and submission of trust tax returns, including income tax, capital gains tax and inheritance tax
• Agreeing liabilities with HM Revenue & Customs
• Distributions to beneficiaries

Our advanced specialist trust accounting and tax compliance computer software allows us to provide an efficient and cost effective service

Benefits

• Enhance your trust operation’s profitability
• Improve value proposition to clients
• Remove operational responsibilities