Title: Generational income: The effects of taxes and benefits Description: The effects of direct and indirect taxation and benefits received in cash or kind on household income, across the generations and by age. This data is estimated by combining multiple years of the Living Costs and Food Survey from 1978 to financial year ending March 2017 and the Household Finances Statistics, from financial year ending 2018 to financial year ending 2021 with the exception of 1979 and 1981. All financial amounts are adjusted for inflation using the Consumer Prices Index including owner occupiers’ housing costs (CPIH) excluding Council Tax, to their financial year ending March 2018. For example, the mean disposable income for those aged 35 and born in the 1970’s (£35,752) is estimated by taking the average (in real terms) of the household disposable income for these people across the combined dataset. Issued: 2020-06-23T00:00:00.000Z Next Release: To be announced Identifier: Generational income: The effects of taxes and benefits Keywords: [taxes benefits,generational income] Language: English Contact: Paula Croal, hie@ons.gov.uk, 01633 651927 Latest Changes: [] Periodicity: Annual Distribution: Extension: xls Size: 37647 URL: https://download.beta.ons.gov.uk/downloads/datasets/generational-income/editions/time-series/versions/1.xlsx Extension: csv Size: 498946 URL: https://download.beta.ons.gov.uk/downloads/datasets/generational-income/editions/time-series/versions/1.csv Extension: csvw Size: 2345 URL: https://download.beta.ons.gov.uk/downloads/datasets/generational-income/editions/time-series/versions/1.csv-metadata.json Unit of measure: £ (Mean average amount) License: National Statistic: false Related Links: [{https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/theeffectsoftaxesandbenefitsonhouseholdincome/financialyearending2019 Generational income: The effects of taxes and benefits}] Canonical Topic: Survey: Lowest Geography: Dimensions: Title: age Labels: [18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80] Options: [18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80] Title: decade Labels: [1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s] Options: [1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s] Title: geography Labels: [United Kingdom] Options: [K02000001] Title: time Labels: [1978 to 2018-19] Options: [1978 to 2018-19] Title: typeoftaxorbenefit Labels: [Benefits-in-kind Cash benefits Direct taxes Disposable income Final income Gross income Indirect taxes Original income Post-tax income] Options: [benefits-in-kind cash-benefits direct-taxes disposable-income final-income gross-income indirect-taxes original-income post-tax-income]