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Schedule 46

Part of Finance Bill – in a Public Bill Committee at 12:15 pm on 23rd June 2009.

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Photo of Sarah McCarthy-Fry Sarah McCarthy-Fry Parliamentary Secretary, HM Treasury 12:15 pm, 23rd June 2009

I disagree with the hon. Gentleman. Given that the board has overall responsibility for meeting tax obligations—we are talking about systems and processes—it is for the board to decide what it wishes. The request for such flexibility came from business. By working with the customer relationship manager we can manage to balance both sides so that HMRC is satisfied and we also meet the flexibility that business has asked for.