TSEM2100 - Introduction to trust: correctness and completeness of trust returns

Under self assessment rules the trustees are responsible for self-assessing liability. This applies even if they ask HMRC to compute the liability. We deal with correctness and completeness on a ‘process now/check later’ basis.

Before self assessment the Inspector was statutorily obliged to be satisfied of the

• correctness
• completeness

of a return.