HMRC collected £584.3 billion in taxes in 2020 to 2021, a decrease of 7.8 percent (£49 billion) from the year before.
This fall was despite a 4 percent rise in IHT tax take to £5.3 billion and slight rises in revenue from income tax, national insurance and capital gains tax (up to £352.1 billion).
UK government figures show that VAT dropped 22 percent, stamp duty on property fell 25 percent, whilst air passenger duty plummeted 84 per...
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