ARTICLE · 10 JANUARY 2013

Weekly Tax Update - Monday 7 January 2013

Smith & Williamson

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On 18 December HMRC published a response document, draft regulations and guidance following earlier consultation on the implementation measures for the US/UK FATCA agreement.

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Richard Mannion

1 GENERAL NEWS

1.1 UK/US FATCA agreement

On 18 December HMRC published a response document, draft regulations and guidance following earlier consultation on the implementation measures for the US/UK FATCA agreement. Comment is invited by 13 February 2013.

http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&propertyType=document&
columns=1&id=HMCE_PROD1_032480

www.hmrc.gov.uk/budget-updates/march2012/draft-dpa-fatca-faqs.pdf

www.hmrc.gov.uk/drafts/uk-us-fatca-regulations.pdf

www.hmrc.gov.uk/drafts/uk-us-fatca-guidance-notes.pdf

1.2 HMRC Digital Strategy

In November 2010 the UK Digital Champion published a report on how Government should deliver its digital and internet services in the future. The report set out how government should transform its digital services and use of the internet so that public services are provided digitally 'by default'. Key to this approach is that non-digital

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