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UK tax revenues nosedive by £33bn but pandemic impact less pronounced than previous crises

Total tax revenues across the UK dropped by £33.4bn last year, according to the annual revenue statistical release from the Organisation for Economic Co-operation and Development (OECD).

UK tax revenues nosedive by £33bn but pandemic impact less pronounced than previous crises
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The OECD say that the impact of the Covid-19 pandemic on tax revenues was less pronounced than during previous crises, in part, due to government support measures introduced to support households and businesses. 

Read more at City A.M.

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