United Kingdom Tax Bulletin

    August 2009

    In this issue:

    • Current Rates: The latest rates of inflation and interest
    • Offshore Disclosure: The latest developments on this topic
    • VAT Rate Increase: It goes back up to 17.5% on 1 January 2010
    • Employee Benefit Trusts: HMRC explain their view on the IHT implications
    • HMRC Clearances: A new guidance note on non-statutory clearances
    • Remittance Basis: The new version of the HMRC manual is published
    • Interest on Tax: The rates of interest on unpaid and overpaid tax are harmonised