Bio
Kelsa is a Private Client Associate.
Kelsa largely deals with the taxation of trusts and estates to ensure that trustees and executors are staying complaint.
She has experience in the preparation of tax returns for both trusts and estates, including settling the tax both formally and informally for estates with HM Revenue and Customs. This also includes the preparation of trust accounts and estate accounts, as well as the preparation of tax certificates (R185s) for the beneficiaries of trusts and estates. During termination of trusts, Kelsa has advised on the tax compliance side and has assisted in winding up the trust with HM Revenue and Customs.
She also has experience in the preparation of tax returns for UK resident individuals, as well as dealing with Capital Gains Tax returns following the sale of a UK residential property for both UK and non-UK resident individuals, as well as trusts and estates.
Kelsa has assisted solicitors in the private client sector with the Income Tax on trusts and estates alongside assisting with the preparation of Inheritance tax papers for periodic charges, as well as exit charges on assets leaving the trust.
Examples of Kelsa’s work include:
- Preparing of six years’ worth of tax returns for an estate, including calculating the interest and penalties due and dealing with the submission to HMRC.
- Preparing a capital Gains Tax return for a non-UK resident individual following the sale of a UK property, within the 60-day reporting deadline.
- Preparing trust accounts and an annual trust tax return, advising on the Income Tax due and preparing tax certificates (R185s) for beneficiaries.
- Registering taxable trusts and estates with HM Revenue and Customs.
- Preparing HMRC Inheritance Tax Papers following a ten-year anniversary in a trust.