UK parliamentary committee urgently calls for HMRC to stop failure to collect 5% of tax owed 

The UK's HMRC collected £731.1bn in taxes and duties in 2021-22, the highest on record, reflecting the end of the acute phase of the pandemic.  But in a report today (11 January) the UK parliament's Public Accounts Committee said HMRC is still not deploying the resources required to maximise the tax revenues it collects or provide an acceptable level of customer service. At a time of huge strain for the public finances £42 billion is owed in unpaid tax, and HMRC is failing to collect around 5% of the tax it is owed each year.   In an historic cost of living crisis, HMRC must target...