Supports all trusts/estates

Tax returns can be created for all trusts and estates that need to complete the Trust and Estate tax return, including:

·   Estates of deceased persons

·   Accumulation and maintenance trusts

·   Bare trusts

·   Charitable trusts

·   Discretionary trusts

·   Employment related trusts

·   Funded unapproved retirement benefit schemes

·   Heritage maintenance trusts

·   Interest in possession trusts

·   Mixed trusts

·   Non-resident or special trusts

·   Settlor interested trusts

Forms R185

Forms R185 are automatically created from information entered, and approved facsimile forms can be printed to give to beneficiaries.

Beneficiaries tax returns

Details of income from Trusts and Estates are automatically posted to beneficiaries' personal tax returns saving time and eliminating errors.

Reports & tax computations

A full range of comprehensive reports and tax computations is available, including:

·                             Calculation of the Tax Pool

·          Trust Management Expenses

·                                 Application of the new standard rate band introduced from 6 April 2005

·                                 Support for the new regime for trusts with vulnerable beneficiaries

Supplementary pages

All supplementary pages required by Trusts and Estates are supported, backed up by fully comprehensive data entry facilities, covering:

·   Trades

·   Lloyd's Underwriters

·   Partnerships

·   Foreign income

·   Capital gains

·   Non-residence

·   Charities