Dataset: Generational income: The effects of taxes and benefits
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.
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Supporting information: table of contents
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In this dataset
Unit of measurement
£ (Mean average amount)
Age
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
Decade
- 1990s
- 1980s
- 1970s
- 1960s
- 1950s
- 1940s
- 1930s
- 1920s
Geography
- United Kingdom
Time
- 1978 to 2019-20
Type of tax or benefit
- Benefits-in-kind
- Cash benefits
- Direct taxes
- Disposable income
- Final income
- Gross income
- Indirect taxes
- Original income
- Post-tax income
Quality and methodology information
Includes:
- Where the data comes from (source)
- The accuracy and reliability of the data
- The relevance of the data to certain applications or uses
- Things to consider when using the data
Read the full Quality and methodology information (QMI) for this dataset.
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