Britain's personal tax levels below average
New OECD figures confirm low tax rates in Britain
New OECD figures confirm low tax rates in Britain
Britain’s status as a low tax jurisdiction in the European Union has been
confirmed in the latest comparative study of developed industrialised countries
by the Organisation for Economic Cooperation and Development (OECD).
Single people with no children in Britain are taxed at a rate of 33.5% on
average, compared with an EU average of 42.1%. For one-earner married couples
with two children, Britain’s average tax rate is 27.1%, compared with 31.6% in
the un-enlarged EU. Belgium, Germany and Hungary impose the highest taxes among
OECD countries on single people, while Korea, Mexico and New Zealand levy the
least.
The numbers you crunch tell a story. Your expertis...
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