OECD TAX COMPARATIVE STUDY – BRITAIN

BY KEITH NUTHALL BRITAIN'S status as a low tax jurisdiction in the European Union (EU) has been reconfirmed in the latest comparative study of developed industrialised countries by the Organisation for Economic Cooperation and Development (OECD). For instance, looking at income tax and national insurance burdens for single people without children, Britain is taxed at 33.5% on average, compared with an old 15-member 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% on the un-enlarged ...


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