A new report from the Organisation for Economic Cooperation and Development (OECD) says that the ave...
A new report from the Organisation for Economic Cooperation and Development (OECD) says that the average tax burden among its members fell last year - with some notable exceptions.
The average "tax-to-GDP ratio" of all OECD economies rose between 1995-2000, from 36.1% to 37.4%.
Last year the tax take fell by 0.1% according to the figures for 25 out of the OECD's 30 members.
However, this is scant positive news for UK taxpayers, who last year saw the tax-to-GDP ratio remain static at 37.4%, up from 34.8% in 1995.
The UK also retains a far higher rate of tax on income and profits as a percentage of GDP than many EU neighbours.
According to OECD figures the UK rate is 14.9% compared to 10% for Spain and Germany, and 11.6% for France.
The Slovak Republic, which joins the EU in a couple of years, records the lowest European figures of 6.8%.
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