The UK Government is currently reviewing :

- how to simplify VAT rules and administration in the UK and the EU;
- how anti-avoidance legislation can best meet the aims of simplicity and revenue protection; and
- how to simplify the corporation tax rules for related companies.

The reviews follow on from the Budget 2007 announcements to make the tax system fairer, simpler and more efficient by :

- modernising and simplifying both the personal and business tax systems;
- publishing the implementation plan for the 2006 Review of HMRC Links With Large Business; and
- delivering 300 million pounds of administrative savings to business, helping HMRC towards achieving its administrative burden targets.