Hamish Frost

Hamish deals with the administration, compliance, tax and accounting aspects for UK trusts and charities, acting as Trustee for some long standing clients. He has experience dealing with trusts containing a wide variety of asset classes including landed estates, chattels and complex investment products.

Hamish has in depth knowledge of IHT, CGT and Income Tax for Trustees. Additionally he advises offshore Trustees with a UK footprint on Income Tax, CGT, Corporation Tax and IHT issues assisting them with all UK compliance, where required.

He has extensive experience in dealing with HMRC on compliance checks and enquiries, and also prepares personal tax returns for clients.

• Advising on the set up of two stand alone £50 million family OEIC’s, being funded by way of CGT free transfer from a larger wider family vehicle. This included overseeing the investment manager selection process for the new OEIC’s.
• Advising on the consolidation of three family Unit Trust positions into one larger family vehicle.
• Reporting the IHT liability on a complex UK property rich Jersey Trust structure containing significant UK commercial and residential property held via multiple UK and offshore companies. The reporting resulted in an HMRC compliance check which was successfully dealt with with no need for revision.
• Dealing with the complex IHT reporting following the death of a young beneficiary with eight separate trust interests including one large landed estate.