April 2010 - Changes to HMRC Powers

The powers inherited by the merged HM Revenue & Customs (HMRC) were unaligned and out of date. HMRC and its customers wanted a more tailored approach which allowed any ‘checking’ action to respond to the particular circumstances in each case, to include the nature of the risk.  To reflect this, new powers and a consistent set of safeguards are being introduced. These will apply for SDLT in respect of returns made on or after 1 April 2010.  For further details click here.