Trust Registration Service – Non-Registrable Trusts – Exclusion for certain Insurance policies with a surrender value
While the basic rule is that all UK express trusts (taxable and non-taxable) should be on the register, Schedule 3A to the enabling regulations (The Money Laundering and Terrorist Financing(Amendment) (EU Exit) Regulations 2020/991), sets out a number of exclusions for certain non-taxable trusts.
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