Why does the UK pay the highest rate of property tax in the world?

Did you know that the UK has the highest property taxes in the developed world? The government is squeezing home owners and businesses and showing no signs of relenting. New data has come to light which shows Britain is paying the highest rate of taxes on property purchases. OECD (Organisation for Economic Co-operation and Development) show that when purchasing a property, taxes made up 12.7% of the total burden in 2014, the latest year for which data is available. Since 2014, taxes have only increased with the likes of Stamp Duty changes in April 2016. This equates to taxes levied on property as a share of total taxation is higher in the UK than anywhere else in the developed world. The average tax burden across the 35 OECD members is more than half the UK figure. Since 1965 the average has fallen from 8% to 5.6% meanwhile the UK has...
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NO JUDICIAL REVIEW OF SECTION 24 FOR LANDLORDS

  We were saddened to hear this news this afternoon, but on a positive note the fight will continue. Commenting on the High Court decision to the refuse permission for a Judicial Review of Section 24 of the Finance Act, Richard Lambert, Chief Executive Officer at the National Landlords Association (NLA) said: “This decision is ultimately disappointing not just for landlords, but for the tenants who will see their rents rise as a consequence of the changes to landlord taxation. “While we have never been convinced that there was a solid enough legal case to overturn George Osborne’s decision, we hoped the Courts would be prepared at least to listen to the arguments.  “We congratulate Steve, Chris and the campaign team on their determination, perseverance, and their success in raising awareness and increasing the visibility and understanding of what will be a dramatic change to the ability of hard working...
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