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Tag: UK’s finances

HMRC failing to collect £42bn in taxes – MPs say windfall could fix ‘black hole’ in UK’s finances

January 11, 2023

Via: Sky News

An “eye-watering” £42bn is outstanding in tax debt, with about 5% of tax owed each year failing to be collected by HMRC, according to the Commons Public Accounts Committee. The Liberal Democrats labelled the amount “absolutely staggering” as the country […]