HMRC guidance on client notification under international exchange of information regulations published | Practical Law

HMRC guidance on client notification under international exchange of information regulations published | Practical Law

HMRC has published guidance in its International Exchange of Information Manual on how to fulfil the client notification obligations set out in the International Tax Compliance (Client Notification) Regulations 2016 (SI 2016/899). These require financial institutions and certain advisers to send prescribed notifications to relevant clients on or before 31 August 2017.

HMRC guidance on client notification under international exchange of information regulations published

by Practical Law Private Client
Published on 21 Oct 2016
HMRC has published guidance in its International Exchange of Information Manual on how to fulfil the client notification obligations set out in the International Tax Compliance (Client Notification) Regulations 2016 (SI 2016/899). These require financial institutions and certain advisers to send prescribed notifications to relevant clients on or before 31 August 2017.
HMRC has published guidance in its International Exchange of Information Manual on how to fulfil the client notification obligations set out in the International Tax Compliance (Client Notification) Regulations 2016 (SI 2016/899) which came into force on 30 September 2016. These require financial institutions and certain advisers to send prescribed notifications to relevant clients at some point between 30 September 2016 and 31 August 2017. The regulations require a standard covering letter containing links to HMRC guidance to be sent as part of the notification.
We will be publishing a practice note on the regulations shortly.
Source: HMRC: International Exchange of Information Manual: IEIM600000 to IEIM609050.