Chartered Accountants in India, working with clients across the UK

Irrevocable Trust Services
Trusts · Irrevocable

Irrevocable trusts:a permanent plan.

In an irrevocable trust, assets leave the settlor for good and are held for the beneficiaries under the deed. That permanence is what gives succession certainty and protection, and it moves the income tax to the trust or beneficiaries. We plan the structure with your lawyers and handle the tax.

Structure plannedFees agreed in writingTax filed each year
NatureCannot be revoked
BenefitNamed beneficiaries
TaxTrust or beneficiaries
UseSuccession and protection

Why choose irrevocable.

  • CertaintyAssets pass as the deed says, not reopened on death.
  • ProtectionAssets are no longer the settlor's.
  • Business continuityFamily shares kept together.
  • TaxIncome taxed in the trust or beneficiaries, not the settlor.

Tax points.

PointTreatment
Transfer to a trust solely for relativesGenerally not taxed as a gift
Income, fixed sharesTaxed as the beneficiaries'
Income, discretionaryUsually the maximum marginal rate
Stamp dutyOn property settled, by state

UK points.

For UK-resident settlors, putting assets into a trust can trigger UK inheritance tax charges, and UK beneficiaries may be taxed on distributions. Take UK advice before settling assets. See Revocable Trust Services.

Why NRIs in the UK choose us for India tax.

Both sides of the border

We work with the India side of your tax while keeping your UK Self Assessment and treaty position in view.

Reviewed before filing

Every computation is checked by a second Chartered Accountant before anything is filed.

Fees agreed in writing

A written scope and fee before work starts, with no surprise charges later.

Secure and fully online

Encrypted document sharing and e-verification, so nothing needs a trip to India.

One team all year

Returns, TDS refunds, FEMA questions and property sales handled by the same team.

Plain-English answers

Clear explanations of what you owe, why, and what to keep for next year.

Irrevocable trusts for families across the UK.

We help NRIs, UK families and UK charities set up and run trusts in India, wherever they live in the UK. Deeds are signed and registered without unnecessary travel where the law allows.

London

City of LondonCanary WharfHarrowWembleySouthallHounslowIlfordEast HamCroydonEdgware

South East

ReadingSloughMilton KeynesOxfordWatfordLutonCrawleyGuildford

Midlands

BirminghamLeicesterCoventryNottinghamWolverhamptonDerbyNorthampton

North of England

ManchesterLeedsBradfordSheffieldLiverpoolNewcastlePreston

East and South West

CambridgePeterboroughBristolSwindonSouthamptonBath

Scotland, Wales, NI

EdinburghGlasgowAberdeenDundeeCardiffSwanseaBelfast

Irrevocable trust FAQs.

No. That is what gives it certainty.
The trust or beneficiaries, depending on the deed.
Generally not as a gift if solely for relatives; stamp duty applies.
For UK-resident settlors and beneficiaries, often yes.

Planning for the long term?

Tell us about the family and assets. We will plan the trust.

This page is general guidance based on the Indian Trusts Act, 1882, state public trust laws and Indian tax law as they stand. It is not legal advice for your situation. Trust deeds should be drafted by a lawyer, and UK tax advice is needed where settlors, trustees or beneficiaries are UK resident.