Britain has highest property taxes in developed world

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Analysis by the Organisation for Economic Co-operation and Development (OECD) shows that the UK now has the highest property taxes in the developed world, accounting for 12.7% of the total tax burden in 2014. The figure, which is for the latest year data is available, is up 0.3% percentage points on 2013.

The average of amongst OECD’s 35 members is 5.6%, which is less than half the UK figure.

 

Full story available from The Telegraph: http://www.telegraph.co.uk/business/2016/12/12/uk-has-highest-property-taxes-developed-world/

 

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