UK Tax Bulletin

    February 2012

    Welcome to this months UK Tax Bulletin. This issue includes details on:

    • Current Rates: Latest rates of inflation and interest
    • Double Taxation Relief: An unusual challenge under section 720 fails
    • HMRC Initiatives: Lots of new crackdowns are announced
    • Reasonable Excuse: CIOT publish some guidance
    • Dividends and NIC: More bad news on this subject
    • Wholly and Exclusively: An interesting deduction for expenses
    • FATCA: The compliance regime hots up