STEP Accounting Guidelines for the Preparation of Trust and Estate Accounts in England & Wales is an essential handbook for all practitioners who prepare trust and estate accounts. It provides material and commentary to enable professionals to produce accounts that meet the special needs of trustees, personal representatives and their beneficiaries. The second edition was written as a supplement to the first edition for those practitioners who wished to explore the subject in greater depth and learn more about the process of preparing accounts, and this third edition is an updated version of that. It includes examples of tax returns and tax deduction certificates that would be prepared based on the specimen accounts. These are available to download at www.step.org/accounting3 These Guidelines have been prepared with the authority of the STEP England & Wales Committee and cover the needs of trust and estate practitioners in England and Wales. Nevertheless, practitioners from jurisdictions with similar laws and practices may also find them useful.
STEP Accounting Guidelines for the Preparation of Trust and Estate Accounts in England & Wales is an essential handbook for all practitioners who prepare trust and estate accounts. It provides material and commentary to enable professionals to produce accounts that meet the special needs of trustees, personal representatives and their beneficiaries. The second edition was written as a supplement to the first edition for those practitioners who wished to explore the subject in greater depth and learn more about the process of preparing accounts, and this third edition is an updated version of that. It includes examples of tax returns and tax deduction certificates that would be prepared based on the specimen accounts. These are available to download at www.step.org/accounting3 These Guidelines have been prepared with the authority of the STEP England & Wales Committee and cover the needs of trust and estate practitioners in England and Wales. Nevertheless, practitioners from jurisdictions with similar laws and practices may also find them useful.