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Trust Administrator

2 months ago

Sheffield, Sheffield, United Kingdom Natural HR Limited Full time

About Us:

Natural HR Limited is a leading provider of innovative HR solutions, built on trust, expertise, and innovation. Our team of forward-thinking professionals is dedicated to delivering exceptional service to our clients.

Our Approach:

We tailor our approach to meet the unique needs of each client, cutting through jargon and providing clear guidance throughout their legal journey. Our core values include:

  • Community
  • Approachability
  • Integrity

The Role:

We are seeking a highly skilled Trust Administrator to join our team. As a Trust Administrator, you will be responsible for the efficient and compliant administration of trusts established by our clients.

  • Manage a full existing case load
  • Handle trust and tax advice work for private clients and build and develop your own case load
  • You will have greater autonomy for your own caseload and will begin to further enhance your own leadership qualities for the benefit of your personal development, your clients, and the firm

Department Specific:

Compliance Work:

  • Preparation of Annual Trust Accounts: Compile comprehensive annual trust accounts in accordance with regulatory standards and firm guidelines

Completion of Annual Trust and Estate Tax Returns:

  • Prepare and submit accurate annual trust and estate tax returns, including R185s and other ancillary reporting requirements
  • Ensure timely payment of tax liabilities in adherence to HMRC deadlines

Inheritance Tax Returns (IHT100):

  • Prepare and submit Inheritance Tax Returns (IHT100) with precision and attention to detail

Capital Gain Tax Property (60 Day) Reports:

  • Handle the timely submission of Capital Gains Tax Property (60 Day) Reports in compliance with regulatory timelines

Trust Bank Account Management:

  • Facilitate the opening and ongoing maintenance of trust bank accounts

Advice Work:

Trustees Duties and Obligations:

  • Provide legal advice on trustees' duties and obligations, offering guidance on the exercise of dispositive powers across various trust types
  • Assist in the formulation and review of Trustees Investment Policy Statements to ensure alignment with legal and regulatory requirements

Trust Assets and Diversification:

  • Offer advice on the management of trust assets, including strategies for diversification

Income Tax, Capital Gains Tax, and Inheritance Tax:

  • Provide expert advice on the application of Income Tax, Capital Gains Tax, and Inheritance Tax to trusts and estates

Ancillary Trust Document Drafting:

  • Draft and review various ancillary trust documents, including deeds of appointments, retirements, and other necessary legal instruments