Trust Burning Tab

Question

What is the Burning Tab under the Trust Register?

Answer

A ‘Burning’ tab will appear on top of the ‘Trusts’ page (Menu > Trust Register > Trusts) during the period of 1 June to 1 July in the relevant financial year. This will highlight the Trusts who still have outstanding Trust Distribution Resolution or Minutes. Once this document has been signed for the Trust, the Trust will disappear from the ‘Burning’ tab.

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