October 2012
This issue includes details on:
- Current Rates: Latest rates of inflation and interest
- Deductible Expenditure: McLaren's FIA penalty is tax deductible
- Reasonable Excuse: More about reliance on advisers
- Entrepreneurs Relief: Disposal of an asset or part of a business
- Benefits in Kind : NIC: Whether "making good" applies to NIC
- Penalties: Unconscionable conduct by HMRC