UK Property Taxes
According to The Telegraph (citing data from the Organization for Economic Cooperation and Development (OECD)), property taxes, as a share of total taxation are higher in the UK than anywhere else in the developed world, accounting for 12.7 percent of the total tax burden in 2014 (the OECD average is 5.6 percent). Property taxes are equivalent to 13 percent of the UK GDP compared to 3.9 percent in France and 2.8 percent in the U.S.
Graph: OECD
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Graph: OECD
Last Updated on December 13, 2016 by Ramin Seddiq