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HMRC internal manual

International Exchange of Information Manual

From
HM Revenue & Customs
Updated
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Notification requirement: Meaning of offshore advice or services: Services solely in preparation of a tax return

Offshore advice or services will not count if they only include completing and submitting a tax return that reflects the fact that the client has overseas income or assets.

If the only advice or service of this kind that the Relevant Person offers is to fill in the boxes in the tax return reflecting overseas income or assets, for example by copying them from offshore bank accounts and P60s, then they will not be a Specified Relevant Person and will not need to make a notification. The advice or service must be more substantial than just filling in a return.

A Relevant Person which wholly provides offshore advice and services to its own employees and officers, or to the employees or officers of a connected person, will not be a Specified Relevant Person and will not need to make a notification.  There is further guidance on giving advice to staff [IEIM604000].