Estates & trusts • Mid Sussex
Probate, Estate and Trust Tax Accountants in Haywards Heath
Being an executor or trustee comes with tax responsibilities. We prepare the figures, returns and estate accounts, working alongside your solicitor so nothing is missed.
- Executors: estate accounts and tax
- Inheritance Tax figures and returns
- Trustees: trust tax returns (SA900)
- Trust Registration Service updates
For executors
Valuing the estate
We help gather values for property, investments and business interests for the Inheritance Tax figures.
Estate income and gains
Income and gains during the administration period may need reporting to HMRC. We handle it.
Estate accounts
Clear accounts showing what came in, what was paid out and what each beneficiary receives.
The deceased’s final tax return
Bringing their tax affairs up to date to the date of death.
For trustees
| Requirement | Detail |
|---|---|
| Trust tax return | SA900, due 31 January after the tax year |
| Trust rates (discretionary trusts) | 45% on most income, 39.35% on dividends |
| Trust Registration Service | Most UK express trusts must register and keep details up to date |
| Inheritance Tax on trusts | Ten-year and exit charges may apply to relevant property trusts |
See also our Inheritance Tax advice page and IHT estimator.
Estate and trust FAQs
- When is Inheritance Tax due?
- Usually by the end of the sixth month after the month of death. Interest is charged after that. Tax on some assets such as property can be paid in instalments.
- Do you replace the solicitor?
- No. Solicitors handle the legal side of probate. We handle the tax returns, figures and estate accounts, and work closely with them.
- Does my trust need to file a tax return?
- Most trusts with income or gains need to file an SA900 trust tax return each year, and most must be registered on the Trust Registration Service.
Acting as an executor or trustee?
Book a free consultation with our Haywards Heath team.
This page is general information, not legal or personal tax advice.