EU TAXATION REPORT

Keith NuthallBRITISH taxation inched up from 2002 to 2003, but according to the latest comparative European Union (EU)-wide figures, the UK still has one of the lowest European tax burdens. As a proportion of GDP, Britain's total taxes were 37.1% in 2003, compared with 37% in 2002, up from 36.7% in 1995, before the accession to power of the Labour government. That said, UK taxation is well below that of France (45.7% of GDP in 2003) and Germany (41.7%). British taxation was also below the average level for the expanded EU, which was 41.5% of GDP, compared with ...


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