Claim: There has been an annual £40 billion tax drop because of Brexit.
Fact-check: The UK's tax revenue isn't £40 billion less than it used to be 'because of Brexit' - Full Fact
Verdict: this figure is based on a counterfactual estimate of the extra amount of tax revenue that might have been generated annually had the uk not voted to leave the eu. the actual amount of tax revenue generated in the uk has increased.
Organisation: Full Fact
Author: Hannah Smith
Date published: 2023-07-13T00:00:00