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Taxing times ahead for landlords

At the end of the financial year 2019-2020, government debt was equivalent to 84.6% of gross domestic product (GDP).

Covid-19 then struck and debt levels have further increased. The ONS estimate government borrowing since the financial year-end in March has been £208bn up to the end of September. In the same six-month period in 2019, borrowing was just £34bn.

 

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