This should be interesting for citizens of the UK and Austria. On the first of January 2013 the agreement between Switzerland and the UK as well as Switzerland and Austria has entered into force. The Guidance has a lot of relevant information for British or Austrian taxpayers that have a Swiss bank account or securities deposit. Essentially it is a manual of how the authorities will be treating the agreement in practice and what to look out for. The Guidance published here is a draft, no date is yet known for the official one.

Will keep you posted!