Annual Trust Compliance – What You Need to Know
Align
Right
All law practices in NSW, including those that did not operate a trust account during the year, must complete a Part A in accordance with the Legal Profession Uniform Law (NSW) and Rule 54 of the Uniform General Rules.
Start your compliance now: Access the Trust Lodgement Portal
Who must comply?
All law practice in NSW, whether or not trust money was held during the trust year.
What must you lodge?
Your lodgement requirements depend on whether trust money was held or received:
- No trust money held or received:
✓ Lodge Part A: Confirmation of Trust Money - Trust money held or received:
✓ Lodge Part A: Confirmation of Trust Money
✓ Lodge Part B: Statement of Trust Money
✓ External Examiner’s Report
Key Deadlines
| Submission | Deadline |
| Part A – Confirmation of Trust Money | 30 April |
| Part B – Statement of Trust Money | 31 May |
| External Examiner’s Report | 31 May |
How to Lodge Your Compliance?
All submissions must be completed online via the Trust Lodgement Portal.
How can I find and appoint an External Examiner?
- Step 1: Search for an External Examiner
Use our External Examiners Search to find a qualified examiner from our database. - Step 2: Appoint Your Examiner
Log in to the Trust Lodgement Portal (TLP) to appoint or change the External Examiner. For further information refer to the Trust Lodgement Portal Guidebook.
Resources: