cover image: Tom Wernham - Additional distributional @TheIFS - analysis slides

Tom Wernham - Additional distributional @TheIFS - analysis slides

31 Oct 2024

Report title (Insert > Header/Footer) © Institute for Fiscal Studies Increase in employer cost as % Impact of employer NICs rise on household incomes £0 -£200 -£400 -£600 -£800 -£1,000 -£1,200 Poorest 2 3 4 5 6 7 8 9 Richest All Household income decile Note: assumes the increase in national insurance is fully passed on to employees Report title (Insert > Header/Footer) © Institute for Fiscal Studi. [...] Note we are unable to model where the impact on profits falls in the household income distribution Report title (Insert > Header/Footer) © Institute for Fiscal Studies Change in annual disposable household income Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 – all households £500 £0 -£500 -£1,000 -£1,500 -£2,000 -£2,500 -£3,000 Planned pre-budget -£3,500 Budget. [...] Report title (Insert > Header/Footer) © Institute for Fiscal Studies Change in annual disposable household income Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 – working-age households with children £500 £0 -£500 -£1,000 -£1,500 -£2,000 -£2,500 -£3,000 Planned pre-budget -£3,500 Budget measures -£4,000 Total -£4,500 Poorest 2 3 4 5 6 7 8 9 Richest All Household. [...] Report title (Insert > Header/Footer) © Institute for Fiscal Studies Change in annual disposable household income Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 – working-age households without children £500 £0 -£500 -£1,000 -£1,500 -£2,000 -£2,500 -£3,000 Planned pre-budget -£3,500 Budget measures -£4,000 Total -£4,500 Poorest 2 3 4 5 6 7 8 9 Richest All Househo. [...] Report title (Insert > Header/Footer) © Institute for Fiscal Studies Change in annual disposable household income Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 – pensioner households £500 £0 -£500 -£1,000 -£1,500 -£2,000 -£2,500 -£3,000 Planned pre-budget -£3,500 Budget measures -£4,000 Total -£4,500 Poorest 2 3 4 5 6 7 8 9 Richest All Household income decile No.

Authors

Tom Wernham

Pages
10
Published in
United Kingdom

Table of Contents