The National Audit Office has stated that uncollected government debt owed to HMRC is £15.1BN (out of £22BN in total owed to all government departments), despite the use by HMRC of debt collectors.
The Public Accounts Committee (PAC) has told the Treasury and Cabinet Office that it needs to take ‘urgent action’ to develop a cross-government approach to debt management if they are to recover the £22BN debt.
Homer's Solution?
Raiding bank accounts, which is expected to raise £375M over the next four years.
Brilliant!
Tax does have to be taxing.
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