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The total value of the loan taken.
The Annual Percentage Rate being charged for the loan.
The number of months that the loan is repayable over.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
24 Jun 2022
The estimated tax gap for the 2020/21 tax year is 5.1% - the second lowest recorded percentage - and is unchanged from the previous year, according to the latest data from HMRC.