Distributional analysis to accompany Autumn Statement 2014 James Browne and William Elming

advertisement
Distributional analysis to accompany
Autumn Statement 2014
James Browne and William Elming
© Institute for Fiscal Studies
Impact of tax and benefit reforms
January 2010 - April 2015 inclusive, no Universal Credit
Change in net income
2%
0%
-2%
-4%
-6%
-8%
Poorest
2
3
4
5
6
7
Income Decile Group
Assumes full take-up of means-tested benefits and tax credits.
© Institute for Fiscal Studies
8
9
Richest
All
Impact of tax and benefit reforms
January 2010 - April 2015 inclusive, no Universal Credit
£20
Change in weekly net income
£0
-£20
-£40
-£60
-£80
-£100
-£120
-£140
Poorest 2
3
4
5
6
7
Income Decile Group
Assumes full take-up of means-tested benefits and tax credits.
© Institute for Fiscal Studies
8
9
Richest
Average
Impact of tax and benefit reforms
January 2010 - April 2015 inclusive
4%
2%
Change in net income
0%
-2%
-4%
-6%
Households with children
-8%
Pensioner households
-10%
Working-age without children
-12%
-14%
Poorest
2
3
4
5
6
7
Income Decile Group
Assumes full take-up of means-tested benefits and tax credits.
© Institute for Fiscal Studies
8
9
Richest
All
Impact of tax and benefit reforms
January 2010 - April 2015 inclusive
£50
Change in weekly net income
£0
-£50
-£100
-£150
-£200
Households with children
-£250
Pensioner households
-£300
Working-age without children
-£350
-£400
Poorest
2
3
4
5
6
7
Income Decile Group
Assumes full take-up of means-tested benefits and tax credits.
© Institute for Fiscal Studies
8
9
Richest
All
Impact of tax and benefit reforms
January 2010 - April 2015 inclusive
Single, no work
Single, in work
Lone parent, no work
Lone parent, in work
Couple, no children, no work
Couple with children, no work
Couple, no children, one earner
Couple with children, one earner
Couple, no children, two earners
Couple with children, two earners
Single pensioner
Couple pensioner
Multi-family household, no children
Multi-family household with children
All
-9%
-8%
-7%
-6% -5% -4% -3%
Change in net income
Assumes full take-up of means-tested benefits and tax credits.
© Institute for Fiscal Studies
-2%
-1%
0%
Impact of tax and benefit reforms
January 2010 - April 2015 inclusive
Single, no work
Single, in work
Lone parent, no work
Lone parent, in work
Couple, no children, no work
Couple with children, no work
Couple, no children, one earner
Couple with children, one earner
Couple, no children, two earners
Couple with children, two earners
Single pensioner
Couple pensioner
Multi-family household, no children
Multi-family household with children
All
-£90
-£80
-£70
-£60 -£50 -£40 -£30 -£20
Change in weekly net income
Assumes full take-up of means-tested benefits and tax credits.
© Institute for Fiscal Studies
-£10
£0
Download