Happy New Year from everyone at Field Court Tax Chambers! Whether you need to get back into the swing of things after the holidays or take a break from the New Year rush, the latest edition of the UK Tax Bulletin by Peter Vaines provides the perfect commentary on the most significant events in tax law from the tail end of an extremely interesting year. Business Property Relief is back, with further evidence that qualifying for the relief with a letting business is never going to be easy; an interesting peculiarity in the operation of the ATED daily penalty system has emerged; and the Court of Appeal has handed down a significant judgement on company residence. This edition also includes a whistle-stop tour of the rules for Offshore Receipts in Respect of Intangible Property. All of this along with, as always, the latest rates of inflation and interest are available here.