Tax levels have hit the highest record (Image: GETTY) The UK's tax level across the economy has increased to its highest rate on record, according to new data from the OECD. It came as separate figures showed the UK also now faces the highest level of property taxes across the developed world. The OECD's (Organisation for Economic Co-operation and Development) annual revenues statistics update found the total tax-to-GDP ratio across the UK hit 35.3 percent for the 2022/23 financial year - the highest since OECD records began in 2000. It represents a 0.9 percentage point increase from the 34.3 percent record a year earlier. It ranks…
