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Tax

UK tax receipts drop by over $90bn during pandemic

UHY’s study showed that globally 26 out of 30 countries suffered from a hit to tax revenues

UK tax receipts have fallen by over $90bn (£67.9bn) in real terms to $728bn (£549.6bn) during the pandemic, from $819bn (£618bn) the year before, according to a new study of tax revenues worldwide by UHY.

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