Welcome to this month's UK Tax Bulletin. This issue includes destails on:
- Current Rates: Latest rates of inflation and interest
- IHT: Deduction of Liabilities: The new rules on deduction of liabilities
- Penalties: HMRC might have a new approach
- Reasonable Excuse: More on "insufficiency of funds"
- CGT: Private Residence Relief: Is the property a "residence"
- IHT: Omission to take Pension Benefits: More judicial guidance