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Where Taxpayers and Advisers Meet

Trust accounts

langtonbrow
Posts:64
Joined:Tue Mar 10, 2009 1:52 pm
Trust accounts

Postby langtonbrow » Sun Sep 15, 2019 4:00 pm

The cost of completing accounts for a simple discretionary trust has been creeping upwards, with most recently a 30% increment on the previous year. It may be that the current provider is taking our custom for granted.

There are several constituent investments which are, for the greater part, referenced in investment report packs from stockbrokers. These are supplied in a format compatible with accountancy principles. Other line items such as share of property etc remain consistent year to year.

I have full collated copy of the accounts for the past few years. Armed with this information would it be possible to shop around, select a new service provider, and maintain continuity for tax pool etc. purposes?

Also I wonder is there a listing of accountants qualified to deliver trust reporting?

with regards

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