UK Tax Bulletin

    May 2013

    This months issue of the UK Tax Bulletin includes details on:

    • Current Rates: Latest rates of inflation and interest
    • Residence: Some progress with the statutory test
    • Business: The meaning of a business for CGT
    • Business Property Relief: The meaning of a business of IHT
    • Hastings Bass: Trustees Errors: The Supreme Court speaks
    • Farmhouses: HMRC explain that they prefer their own views
    • Usufructs: HMRC express their view about Usufructs
    • VAT Input Tax: A welcome success on helicopter expenses