UK Tax Bulletin

    June 2013

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

    • Current Rates: Latest rates of inflation and interest
    • IHT : Deduction of Debts: The new rules apply only to new loans
    • QROPS : ROSIIP: HMRC back down and withdraw assessments
    • Available Assets on Divorce: The Supreme Court speaks
    • Professional Negligence: Failure to recommend a tax scheme
    • Penalties : Postal Delays: Not again!
    • Foreign Currency Assets: HMRC issue a guidance note
    • Remittance Basis: A Special Mixed Fund for overseas earnings