Debt owed to HMRC rises to £65.5bn

HMRC is currently prevented from certain enforcement action to recover debt, such as presenting winding-up petitions or making statutory demands, due to the moratorium on insolvency action that has been in place since March 2020

The amount of debt owed to HMRC from UK businesses and taxpayers has trebled to £65.5bn from £19.3bn in 2019, according to law firm Pinsent Masons

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