Making Tax Digital

Part of the debate – in the House of Commons at 2:33 pm on 19 February 2019.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 2:33, 19 February 2019

My hon. Friend is absolutely right to observe that the smallest companies are, almost by definition, likely to find this change more onerous, and I will take his points on board. I certainly reassure him that HMRC will take a light-touch approach to penalties in all cases, particularly those involving small companies. Provided that individuals and businesses are not wilfully trying to avoid or change the amount of VAT that is due, we will take a proportionate and light-touch approach.