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HMRC internal manual

International Exchange of Information Manual

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HM Revenue & Customs
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Notification requirement: Scope and requirements: Specified Relevant Persons

Notification requirement: Scope and requirements: Specified Relevant Persons

‘Relevant Persons’ are professional businesses that offer financial or legal advice or services.  The obligation targets Specified Relevant Persons, which are those businesses within that wider definition who give advice or services in respect of financial accounts outside the UK or sources of taxable income outside the UK, or who have referred a client to a connected person outside the UK for advice or services. 

If the only advice or service you offer to your clients in respect of overseas assets or income is to fill in and submit their tax returns, it is likely the rules will not apply to you [IEIM602000].