The chancellor Philip Hammond cut stamp duty for properties costing up to £300,000 for first-time buyers

Britain can still claim the dubious distinction of being the country with the highest property taxes in the world as receipts for last year look set to pass £80 billion for the first time.

Analysis by the Organisation for Economic Co-operation and Development shows that property taxes accounted for 12.5 per cent of the UK’s total tax take in 2015, the latest year for which figures are available.

The analysis shows that levies on property as a share of total taxation are higher in Britain than anywhere else in the developed world. At 6 per cent, the average among the OECD’s 35 members is less than half the UK figure.

Since 1965, the international average has fallen from 8 per cent, yet Britain has bucked