HMRC

Tax burdens will be lightened and tax may even be returned by HM Revenue & Customs after a review of its previous stance on VAT affecting cases of landlord-tenant contracts.

Law firm DLA Piper Rudnick Gray Cary is urging taxpayers to register their views through a consultation currently under way into the powers, deterrents and safeguards of HM Revenue and Customs, which was formed this year.

The Inland Revenue and HM Customs and Excise have jointly launched a consultation to reform the departments' powers and tax collection processes which it hopes will lead to taxpayers complying with rules voluntarily.