Swim England update regarding HMRC's Trust Registration Service

Further to the correspondence Swim England sent out on 26th August regarding HMRC’s Trust Registration Service (TRS), please see an update below.

Swim England representatives attended a meeting hosted by Sport England on 9th September for National Governing Bodies of Sport, in order to discuss TRS requirements and the impact which this may have.

It was established that some further work is required to determine the type of Unincorporated Club or Organisation which could fall into the scope of TRS.

Sport England and their relevant partners will be leading on this work with the view to releasing comprehensive guidance for clubs as soon as it is completed.

A HMRC representative also attended the meeting and reassurance was provided that penalties for missing registration deadlines will only be issued to organisations who know they must register for TRS, but deliberately choose not to.

If your Club or Organisation has any form of Trust Declaration or Trust Arrangement in place we strongly recommend you consider registering for TRS.

For those clubs with no such Trust Declaration or Trust Arrangement in place, you may choose to wait for the aforementioned guidance to be issued on the matter before taking further action.

It was also advised that Club’s and Organisations should formally document any TRS discussions and conclusions they have, e.g. in minutes of committee meetings.