Schedule 25
Finance Bill
10:00 am
Peter Bone (Wellingborough, Conservative)
But again, I think the Minister is making my point for me. Yes, the approach favours the Revenue in catching more avoidance, but it is catching innocent taxpayers as well. Under the previous approach, we said that something was definitely wrong and, yes, it had to be updated every year, but taxpayers who were acting innocently were not caught by it, whereas the new approach will capture people whom the Minister has not realised should be exempted, so he will have to introduce more and more exemptions each year.