Nearly two million people who have underpaid income tax will have the debts written off, it has emerged.

http://news.sky.com/skynews/Home/Busine ... 2552?f=rss

If I had to guess, we'll be writing off the more recent debts too

It was going to happen. Far too many people were affected, and they need a precedent to avoid chasing the really big tax fiddles as well.