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Property taxes send UK to second-bottom on global list
Daily Express
|October 21, 2025
THE UK lies second-bottom of global competitiveness rankings for property taxes, analysis has shown — undermining Chancellor Rachel Reeves’ ambition to “back the builders, not the blockers”.
Figures from the Adam Smith Institute think-tank rank Britain 37th in competitiveness for property taxation, with only Italy worse off.
Researchers said the UK had the second-lowest average rate of spending on fixed assets, such as machinery and buildings, as a share of gross domestic product in the 38 countries that are in the Organisation for Economic Cooperation and Development.
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