CeMPA WP 4/24 - UKMOD Country Report 2021-2027

For more information on UKMOD visit researchers and policy analysts to calculate the effects of taxes and benefits on household incomes and work incentives for the UK as a whole or for the population of the each of its nations. [...] b) The financial year used to assess taxes and benefits in the UK is from April to March, and this document refers to years in the same way. [...] Moreover, the amount of the benefit payable is subject to a national maximum distinguished by the size of the accommodation. [...] The tax in each band is some multiple of the tax in the 4th band (“Band D”), ranging from 2/3 in the lowest value band to 2 in the top value band. [...] The claimant does not need to be the parent of the child, it is sufficient if the claimant is responsible for the upbringing of the child.