:03:48. > :12:04.Really integrating and becoming wholeheartedly more digital. Any
:12:05. > :12:12.other final words on the issue of pay-as-you-go turrets? Was part of a
:12:13. > :12:17.budget programme you can opt to pay monthly instalments if you want to.
:12:18. > :12:20.HMRC are terrible at publicising it. I think you will find there are a
:12:21. > :12:25.number of people who do not like getting hit with a big bill twice a
:12:26. > :12:31.year, essentially July and January. I think a number of people want to
:12:32. > :12:35.play mostly as they -- monthly as they earn the money. It would be
:12:36. > :12:40.pay-as-you-go, they will not know what their taxes, they will just be
:12:41. > :12:44.paying in instalments. Some very helpful suggestions right across the
:12:45. > :12:50.board, we will take a closer look at them.
:12:51. > :12:56.George? I want to go back to an issue that was raised which is the
:12:57. > :13:06.consultation HMRC initiated last month on failure to correct on
:13:07. > :13:10.accounts held overseas. The consultation has offered a range of
:13:11. > :13:20.penalties for those failing to correct before the September 2018
:13:21. > :13:25.deadline. Particularly, do you think that will actually change behaviour?
:13:26. > :13:28.I think the biggest thing that will change behaviour, and I expect might
:13:29. > :13:34.have given a slightly incorrect answer before, I may have missed
:13:35. > :13:42.which consultation you were talking about, if you go back to 2004/5,
:13:43. > :13:47.HMRC had no data on offshore accounts. It had suspicion. So there
:13:48. > :13:53.was often a favourable system. What we have been on is a progress where
:13:54. > :13:58.the penalties have increased and the disclosures to HMRC from overseas
:13:59. > :14:01.have also increased. That is where we had to leave live
:14:02. > :14:11.coverage from the select committee rooms. You can continue watching
:14:12. > :14:17.this coverage online on the website at bbc.co.uk/parliament.