Expert support for UK Residents and Non-Domiciled individuals.

Trusts and foundations based in Jersey and Guernsey are trusted vehicles for protecting wealth and managing succession. While often tax neutral in nature, they still have filing obligations under local law, whether to maintain good standing, report relevant income, or support transparency initiatives.

Our Expertise

At BCR, we offer expert preparation and submission of trust and foundation tax returns across the Channel Islands. We understand the distinctions between Jersey and Guernsey regimes, and how each structure’s unique purpose and asset profile affects its tax compliance.

Our Approach

Most Jersey trusts and foundations are exempt from income tax unless they have Jersey-source income (such as Jersey property rental or local bank interest). However, they are still required to file returns or confirm exemption status annually.

In Guernsey, the Revenue Service may require annual tax returns from trusts and foundations, even where no tax is due, especially if there is local-source income or distribution to Guernsey resident beneficiaries.

Whether your trust is professionally administered or privately held, our team ensures accurate, timely filings that meet local requirements and support good governance. We support the following clients:

• Corporate and personal trustees in Jersey and Guernsey.
• Council members of Jersey or Guernsey foundations.
• Trust companies and Corporate Service Providers (CSPs).
• Family offices with in-house fiduciary arrangements.
• Accountants and legal advisers needing external compliance support.

Our service

We provide the following support:

• Registration of trusts and foundations with Revenue Jersey and Guernsey Revenue Service.
• Preparation and submission of annual tax returns (Jersey or Guernsey formats).
• Identification and reporting of Jersey-source or Guernsey-source income.
• Advice on tax residency and obligations under the Jersey Income Tax Law or Guernsey Income Tax Law.
• Calculation of tax liabilities where relevant.
• Supporting declarations for settlors or beneficiaries with UK or international tax exposure.
• Responding to queries and reviews from local tax authorities.
• Ongoing monitoring of deadlines and status to ensure continued compliance.

We also work closely with clients whose structures have UK connections or who need integrated advice on CRS, FATCA, economic substance, and other reporting regimes.

Our values in action

Excellence: Accurate returns tailored to your structure.
Delivery: On-time submissions and proactive compliance tracking.
Respect: Supporting trustee duties with care and discretion.
Elegance: Clear, organised reporting that aligns with governance standards.‍

Why BCR Pro

We provide expert support for UK residents and non-domiciled individuals, ensuring trusts and foundations in Jersey and Guernsey meet all local tax filing obligations accurately and on time. Our team understands the nuances of each jurisdiction and delivers tailored compliance solutions that protect your wealth and support good governance