United Kingdom Tax Bulletin

    June 2009

    In this issue:

    • Current Rates: The latest rates of inflation and interest
    • Offshore Income: HMRC announce a “New Disclosure Opportunity”
    • Appeal Tribunals: The reality of the independent review is revealed
    • Employee Expenses: The High Court allow some expenses against employment income
    • Capital Gains Tax: Elections and negligence surrounding Section 138A TCGA 1992
    • Inheritance Tax: Business property relief on a Scottish estate