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UK Tax Bulletin, February 2005

Main Points this Month
Budget Day: 16 March 2005
Inheritance Tax: notification of offshore trusts
Capital Gains Tax: flip flops on UK trusts
EU Savings Directive: guidance is issued
Employment Status: NIC IR 35
Employment Status: Mutuality of Obligation
Capital Allowances: protected leasing
Inheritance Tax: interest in possession
Inheritance Tax: business property relief



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