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Household of £27k? That's Post Tax, and includes retirees, small householeds, and isn't adjusted for cost of living. 2 years ago household disposable income was
by isostatic 8y ago
Household of £27k? That's Post Tax, and includes retirees, small householeds, and isn't adjusted for cost of living. 2 years ago household disposable income was £29,200 [0]. GDHI per head in 2015 was £19,106 each, or for a 2 adult family £38,212. And that of course is before you factor in housing costs.
A household with one earner on £50k has a post-tax income of £37k, 26% above average as a household, and lightly under average for the size of household.
My collegue who earns 50% less for 50% of the work does come out ahead. My household works 40 hours a week and gets £50k, her household works 40 hours a week and gets £50k. Our marginal tax rate is over 60%, theirs is 33%.
https://www.telegraph.co.uk/business/2016/08/17/britons-better-off-than-ever-as-disposable-incomes-jump-to-recor/ https://www.telegraph.co.uk/business/2016/08/17/britons-bett...