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In brief, issue 4389

05 February 2013
Issue: 4389 / Categories: News
Beneficial loans; Pensions; Stock market; VAT notices; Oil and gas; R&D workshop

Beneficial loans

The official rate of interest for beneficial loans for 2013/14 is unchanged at 4%.


The January 2013 edition of HMRC’s Pensions Newsletter has been published. It includes an overview of the changes announced in the autumn statement.

Stock market

The European Wholesale Securities Market has been designated as a recognised stock exchange.

VAT notices

The latest versions of the following notices have been published: 727/5 Retail schemes: How to work the direct calculations schemes; 701/49 Finance; and 701/21 Gold. Each one cancels and replaces the previous version. Details of any changes can be found in the new notices.

Oil and gas

Draft legislation has been published on the restriction of allowances for certain decommissioning expenditure in the oil and gas industry. The technical consultation for these clauses closes on 18 February.

R&D workshop

A free, one-day workshop on government support for research and development (R&D) and innovation will take place at The Coach House, Chilworth Manor Hotel, Southampton SO16 7PT on 20 February.


Issue: 4389 / Categories: News
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