Think you’re covered with a statutory notice? Watch out for a DWP claim

Update 4 July 2018: STEP has liaised with the DWP on this technical issue. Please see its response below. If you work in the probate field you will be very familiar with the process of submitting a statutory advertisement, (under the Trustee Act 1925 for England, or the Trustee Act 1958 in Northern Ireland) in… Read More Think you’re covered with a statutory notice? Watch out for a DWP claim

HMRC announces trustees, NOT agents, will be liable for penalties

Update 23 March: HMRC has updated its guidance to clarify that if a penalty is payable for late registration, it will be the burden of the lead trustee and not the agent. We received the following communication from HMRC on 5 March 2018: ‘On 8 December 2017, HMRC announced that while the 31 January 2018… Read More HMRC announces trustees, NOT agents, will be liable for penalties