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
- Pages
- 10
- Published in
- United Kingdom
Table of Contents
- Additional distributional analysis slides 1
- What we model 2
- Percentage increase in employer cost, due to employer NICs rise, by individual earnings decile 3
- Impact of employer NICs rise on household incomes 4
- Impact of employer NICs rise on household incomes, alternative incidence assumptions 5
- Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 –all households 6
- Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 –working-age households with children 7
- Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 –working-age households without children 8
- Impact of personal tax and benefit changes on household income, 2024–5 to 2029–30 –pensioner households 9
- Slide Number 10 10