Unpaid tax of £1.5bn 'could be written off'
 

Up to £1.5bn of unpaid tax is likely to be written off by HM Revenue and Customs, insiders have told the BBC.

Staff said the vast majority would not be pursued because the cases involved were over two years old and open to legal challenge from taxpayers.

There is a backlog of 7.5 million cases of tax underpayment or overpayment - the latter estimated at £3bn which will be reimbursed - dating back to 2007-8.

http://www.bbc.co.uk/news/business-11383803




Note: 23 September 2010 Last updated at 04:02 GMT

Not really surprising, but was bound to happen.