The Tax Faculty is in ongoing discussions with HMRC about the practical problems with the trust registration service (TRS).
We are pleased to report that one of the steps in the registration process has been removed: it is no longer necessary for agents to email HMRC to request the link to open their agent services account (ASA). Instead, when an agent who has not yet set up their ASA clicks on the link to register a trust or estate they will be immediately directed to the link to set up their ASA.
Some other updates on the ASA are set out below.
This update supplements the information in our previous news items on the TRS, all published within the last month:
HMRC has published brief guidance for agents on registering an estate and registering a trust.
Agent services account – some other points of clarification
Am I alone in being very confused? Should you just say "Do not set up an ASA yet unless you want to register a trust, since nothing else works or has any functionality whatsoever."