KEEPING RECORDS UPDATED
Trustees are obliged to update the TRS with even the most minor of changes such as a change of address for a trustee.
Trustees of taxable trusts must complete an annual “no change” declaration, unless they have changes to report. This is relatively straightforward for trustees of taxable trusts who must declare on TRS that there has been no change and details are up to date.
Trustees are also required to update within 30 days of being notified of any changes to the information.
Click below for details of obligations to maintain records for the TRS (Taken from the HMRC manual).