2008 Personal Income Tax Table by dhq66789

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									Table 1
Annual effect of income tax, tax credits and National Insurance Contributions (NIC) changes on
single people and couples with average earnings



                                                                                                average         Income tax      Tax credits   NIC     Income tax      Tax     NIC         Net
                                                                                                earnings                                                            credits            change
                                                                                                                                                                                        in tax,
                                                                                                                                                                                          tax
                                                                                                                                                                                      credits &
                                                                                                                                                                                         NICs

Comparisons between 2007-08 and proposed charge for 2008-09                                     2008-09                      2007-08                               2008-09
using the same levels of annual earnings                                                           £                  £             £          £          £            £        £         £

Single person, without dependent children - median                                               25,500             4,193            0        2,233     4,013         0       2,204     -209

Single earner couple, without dependent children - mean                                          33,500             5,953            0        3,113     5,613         0       3,084     -369

Single person, with 2 dependent children - median                                                25,500             4,193           878       2,233     4,013        1,593    2,204     -923

Single earner couple, with 2 dependent children - mean                                           33,500             5,953           545       3,113     5,613        548      3,084     -371

Dual earner couple (one full time, one part time), without dependent children - mean             43,100             6,648            0        3,597     6,446         0       3,540     -259

Dual earner couple (both full time), without dependent children - median                         51,000             8,386            0        4,466     8,026         0       4,409     -417

Dual earner couple (one full time, one part time), with 2 dependent children - mean              43,100             6,648           545       3,597     6,446        548      3,540     -261

Dual earner couple (both full time), with 2 dependent children - median                          51,000             8,386           479       4,466     8,026        481      4,409     -419


Notes
a) Note that this table compares the changes in tax, tax credits and NICs assuming the average/median earnings in 2008 - 09
applied to 2007- 08. That is, it does not compare tax, tax credits and NICs paid by average/median earners in 2008- 09 to those
paid by average/median earners in 2007- 08
b) Median earnings of £25,500 are of all full-time employees in 2008-09.
c) Single earner couples are assumed to earn an amount equal to the mean of male earnings of £33,500 a year in 2008-09. Dual
earner couples are assumed to earn mean male earnings of £33,500 and female mean earnings of £9,600 part-time or £25,500
each if working full-time. Average earnings figures are based on mean gross earnings figures from the Annual Survey of Hours
and Earnings uprated to 2008-09 in line with Treasury forecast.
d) Income is assumed to be from wages and salaries for under 65s if male and under 60s if female and pensions for those above these ages.




6b9cce13-6260-4237-b575-ba0bbdce26d7.xls                                                      Table 1                                                                         12/6/2010 1:10 AM
            Table 2
            Annual income tax, tax credits and National Insurance changes
            People claiming the Personal Allowance only with no dependent children
              Annual                          2007-08                                          Proposed charge for 2008-09                Change in net income
             income 1

                             Income tax     Tax          NIC3       Net income        Income         Tax      NIC3       Net income
                                          credits2                  after tax, tax      tax        credits2              after tax, tax
                                                                     credits and                                          credits and
                                                                         NIC                                                  NIC
                                                                                                                                                       per cent of
                      £            £                 £          £                £             £          £          £                £           £       income
            Single individuals under 65
                 5,000             0                 0        0              5,000           0            0        0              5,000            0          0.0
                 6,000            78                 0       88              5,835         113            0       59              5,828           -7         -0.1
                 7,000           178                 0      198              6,625         313            0      169              6,518         -107         -1.5
                 7,500           233                 0      253              7,014         413            0      224              6,863         -152         -2.0
                 8,000           343                 0      308              7,349         513            0      279              7,208         -142         -1.8

                         4
                 9,600              695          0           484            8,421          833            0      455             8,312          -110         -1.1
                10,000              783        669           528            9,358          913        1,144      499             9,732           374          3.7
                         5
                10,429              877        510           575            9,486          999          977      547             9,860           374          3.6
                12,000            1,223          0           748           10,029        1,313          364      719            10,332           303          2.5
                15,000            1,883          0         1,078           12,039        1,913            0    1,049            12,038            -2          0.0

                17,000            2,323              0     1,298           13,379        2,313            0    1,269            13,418           39           0.2
                20,000            2,983              0     1,628           15,389        2,913            0    1,599            15,488           99           0.5
                         6
                25,500            4,193              0     2,233           19,074        4,013            0    2,204            19,283          209           0.8
                30,000            5,183              0     2,728           22,089        4,913            0    2,699            22,388          299           1.0
                         7
                33,500            5,953              0     3,113           24,434        5,613            0    3,084            24,803          369           1.1

               40,000         7,414                  0     3,312           29,274        6,913            0    3,799            29,288           14           0.0
               50,000        11,414                  0     3,412           35,174       10,626            0    3,903            35,471          297           0.6
               80,000        23,414                  0     3,712           52,874       22,626            0    4,203            53,171          297           0.4
              100,000        31,414                  0     3,912           64,674       30,626            0    4,403            64,971          297           0.3
              150,000        51,414                  0     4,412           94,174       50,626            0    4,903            94,471          297           0.2
            People aged 65-74
                6,000             0                  0          0            6,000           0            0          0            6,000           0           0.0
                7,000             0                  0          0            7,000           0            0          0            7,000           0           0.0
                8,000            45                  0          0            7,955           0            0          0            8,000          45           0.6
               10,000           271                  0          0            9,729         194            0          0            9,806          77           0.8

               12,000            711                 0          0          11,289          594            0          0          11,406          117           1.0
               15,000          1,371                 0          0          13,629        1,194            0          0          13,806          177           1.2
               20,000          2,471                 0          0          17,529        2,194            0          0          17,806          277           1.4
               30,000          5,183                 0          0          24,817        4,913            0          0          25,087          270           0.9
               50,000        11,414                  0          0          38,586       10,626            0          0          39,374          788           1.6
            People aged 75 or over
                6,000              0                 0          0            6,000           0            0          0            6,000           0           0.0
                7,000              0                 0          0            7,000           0            0          0            7,000           0           0.0
                8,000             31                 0          0            7,969           0            0          0            8,000          31           0.4
               10,000            241                 0          0            9,759         164            0          0            9,836          77           0.8

                12,000             681               0          0          11,319          564            0          0          11,436          117           1.0
                15,000           1,341               0          0          13,659        1,164            0          0          13,836          177           1.2
                20,000           2,441               0          0          17,559        2,164            0          0          17,836          277           1.4
                30,000           5,183               0          0          24,817        4,913            0          0          25,087          270           0.9
                50,000          11,414               0          0          38,586       10,626            0          0          39,374          788           1.6

            1
              Calculations are based on annual income, equivalent to weekly income multiplied by 52.
            2
              Tax credits exclude the 50 plus return to work element and all disability related elements. Figures apply to adults aged 25 and over. Those earning
            £8,938.80 or more a year are assumed to be working at least 30 hours a week, unless otherwise stated.
            3
              National Insurance Contributions (NIC) are at the standard class 1 rate for employees not contracted-out of the state additional (earnings related)
            pension scheme.
            4
              Projected mean earnings of female part-time employees in 2008-09. Tax credits are calculated on the basis of the individual working at least 16 hours
            a week, but less than 30 hours, therefore not eligible for Working Tax Credit.
            5
              Earnings from a 35 hour week at £5.73 per hour (assuming a 52 week year). National Minimum Wage will increase to £5.73 per hour from October 2008.
            6
              Projected mean earnings of female full-time employees and projected median earnings of all full-time employees in 2008-09.
            7
              Projected mean earnings of male full-time employees in 2008-09.
            Note:
            a) If total income less allowable deductions of an aged taxpayer exceeds the income limit, the age-related allowances are reduced by £1 for each
            additional £2 of income until the basic level of the Personal Allowance is reached.
            b) Assuming only pension income for pensioners. Table does not include Pension Credit.
            c) National Insurance Contribution calculations assume that individuals have the same level of weekly earnings throughout the year.




6b9cce13-6260-4237-b575-ba0bbdce26d7.xls                                             Table 2                                                                 12/6/2010 1:10 AM
       Table 3
       Annual income tax changes
       People receiving the Personal and Married Couple's Allowances
          Annual              2007-08            Proposed charge for                 Change in tax
         income                                       2008-09

                                     per cent of                  per cent of                 per cent of
                £                £      income                £      income               £      income
       People aged 73-74
            9,000               0           0.0              0           0.0              0           0.0
           10,000               0           0.0              0           0.0              0           0.0
           12,000              83           0.7              0           0.0            -83          -0.7
           15,000             743           5.0            541           3.6           -202          -1.3

           20,000         1,843             9.2          1,541           7.7           -302          -1.5
           30,000         4,777            15.9          4,310          14.4           -467          -1.6
           50,000        11,170            22.3         10,372          20.7           -798          -1.6
          100,000        31,170            31.2         30,372          30.4           -798          -0.8
          150,000        51,170            34.1         50,372          33.6           -798          -0.5
       People aged 75 or over
            9,000              0            0.0              0           0.0              0           0.0
           10,000              0            0.0              0           0.0              0           0.0
           12,000             44            0.4              0           0.0            -44          -0.4
           15,000           704             4.7            502           3.3           -203          -1.4

              20,000           1,804         9.0           1,502         7.5           -303          -1.5
              30,000           4,755        15.8           4,286        14.3           -469          -1.6
              50,000         11,170         22.3         10,372         20.7           -798          -1.6
            100,000          31,170         31.2         30,372         30.4           -798          -0.8
            150,000          51,170         34.1         50,372         33.6           -798          -0.5
       Note:
       a) If total income less allowable deductions of an aged taxpayer exceeds the income limit, the
       age-related allowances are reduced by £1 for each additional £2 of income until the basic level of
       the Personal Allowance and their minimum Married Couple's Allowance are reached.
       b) Calculations for those aged 73-74 assume that the elder spouse was born before 6th April
       1935 but is under 75.
       c) Assuming only pension income. Table does not include pensioner credit.
       d) Income Tax calculations are based on a 52 week year.




6b9cce13-6260-4237-b575-ba0bbdce26d7.xls            Table 3                                   12/6/2010 1:10 AM
Table 4
Annual effect of income tax, tax credits and National Insurance changes for single earner couples without
dependent children
                               Charge for 2007-08                        Proposed charge for 2008-09               Change in net income

    Household        Income      Tax       NIC3     Net income    Income        Tax       NIC3      Net income
      annual           tax             2             after tax,     tax               2              after tax,
                               credits                                        credits
            1                                       tax credits                                     tax credits
     income
                                                      and NIC                                         and NIC

                                                                                                                                  per cent
           £           £        £        £          £            £        £        £                          £               £ of income
Single earner couple men under 65 and women under 60, without dependent children
       5,000           0        0        0      5,000            0        0        0                      5,000              0         0.0
       6,000          78        0       88      5,835          113        0       59                      5,828             -7        -0.1
       7,000         178        0      198      6,625          313        0      169                      6,518           -107        -1.5
       8,500         453        0      363      7,684          613        0      334                      7,553           -132        -1.5

                 4
         9,600           695          0       484        8,421          833          0        455         8,312           -110        -1.1
        10,000           783      2,371       528       11,060          913      2,914        499        11,502            442         4.4
                 5
        10,429           877      2,212       575       11,188          999      2,747        547        11,630            442         4.2
        12,500         1,333      1,446       803       11,810        1,413      1,939        774        12,252            442         3.5
        15,000         1,883        521     1,078       12,560        1,913        964      1,049        13,002            442         2.9

        17,000         2,323           0    1,298       13,379        2,313        184      1,269        13,602            223            1.3
        20,000         2,983           0    1,628       15,389        2,913          0      1,599        15,488             99            0.5
                 6
        25,500         4,193           0    2,233       19,074        4,013          0      2,204        19,283            209            0.8
                 7
        30,000         5,183           0    2,728       22,089        4,913          0      2,699        22,388            299            1.0
                 7
        33,500         5,953           0    3,113       24,434        5,613          0      3,084        24,803            369            1.1

        40,000         7,414           0    3,312       29,274       6,913            0     3,799        29,288             14            0.0
        50,000        11,414           0    3,412       35,174      10,626            0     3,903        35,471            297            0.6
        80,000        23,414           0    3,712       52,874      22,626            0     4,203        53,171            297            0.4
       100,000        31,414           0    3,912       64,674      30,626            0     4,403        64,971            297            0.3
       150,000        51,414           0    4,412       94,174      50,626            0     4,903        94,471            297            0.2

1
  Calculations are based on annual income, equivalent to weekly income multiplied by 52.
2
  Tax credits exclude the 50 plus return to work element and all disability related elements. Figures apply to adults aged 25 and over.
Those earning £8,938.80 or more a year are assumed to be working at least 30 hours a week, unless otherwise stated.
3
  National Insurance Contributions (NIC) are at the standard class 1 rate for employees not contracted-out of the state second pension
4
  Projected mean earnings of female part-time employees in 2008-09. Tax credits calculated on the basis of the individual working at
least 16 hours a week, but less than 30 hours, therefore not eligible for Working Tax Credit.
5
  Earnings from a 35 hour week at £5.73 per hour. National Minimum Wage will increase to £5.73 per hour from October 2008.
6
  Projected mean earnings of female full-time employees and projected median earnings of all full-time employees in 2008-09.
7
  Projected mean earnings of male full-time employees in 2008-09.
Note:
a) Individuals are assumed to be on the same level of weekly incomes throughout the year.
Table 5
Annual effect of income tax, tax credits and National Insurance changes for dual earner couples without dependent children
                                      Charge for 2007-08                                                       Proposed charge for 2008-09                                   Change in net income
    Household        Income tax    Tax credits2      NIC3       Net income                     Income tax       Tax credits2     NIC3         Net income
      annual                                                    after tax, tax                                                                after tax, tax
     income1                                                    credits and                                                                   credits and
                                                                     NIC                                                                           NIC

                                                                                                                                                                                             per cent of
            £             £            £            £             £                                        £               £              £                £                           £        income
Dual earner couple men under 65 and women under 60, without dependent children
      10,000              0            0            0        10,000                                       0                0              0          10,000                            0                0.0
      12,000            155            0         176         11,669                                     226                0            119          11,655                          -14               -0.1
      14,000            355            0         396         13,249                                     626                0            339          13,035                         -214               -1.5
      15,000            466            0         506         14,028                                     826                0            449          13,725                         -303               -2.0

        16,000               686              0           616          14,698                         1,026                0           559           14,415                         -283               -1.8
        20,000             1,566              0         1,056          17,378                         1,826                0           999           17,175                         -203               -1.0
                 4
        20,857             1,754              0         1,150          17,953                         1,997                0         1,093           17,767                         -186               -0.9
        24,500             2,556              0         1,551          20,393                         2,726                0         1,494           20,280                         -113               -0.5
        30,000             3,766              0         2,156          24,078                         3,826                0         2,099           24,075                           -3                0.0

        35,000             4,866              0         2,706          27,428                         4,826                0         2,649           27,525                           97               0.3
        40,000             5,966              0         3,256          30,778                         5,826                0         3,199           30,975                          197               0.5
        45,000             7,066              0         3,806          34,128                         6,826                0         3,749           34,425                          297               0.7
        50,000             8,166              0         4,356          37,478                         7,826                0         4,299           37,875                          397               0.8
                 5
        51,000             8,386              0         4,466          38,148                         8,026                0         4,409           38,565                          417               0.8

        55,000            9,266               0         4,906         40,828                          8,826                0         4,849          41,325                           497               0.9
       100,000           22,829               0         6,824         70,347                         21,252                0         7,807          70,941                           594               0.6
       150,000           42,829               0         7,324         99,847                         41,252                0         8,307         100,441                           594               0.4
       200,000           62,829               0         7,824        129,347                         61,252                0         8,807         129,941                           594               0.3
       300,000          102,829               0         8,824        188,347                        101,252                0         9,807         188,941                           594               0.2

1
  Calculations are based on annual income, equivalent to weekly income multiplied by 52.
2
  Tax credits exclude the 50 plus return to work element and all disability related elements. Figures apply to adults aged 25 and over. Each earner is assumed to earn half of the household income.
Those earning £8,938.80 or more a year are assumed to be working at least 30 hours a week, unless otherwise stated.
3
  National Insurance Contributions (NIC) are at the standard class 1 rate for employees not contracted-out of the state second pension scheme.
4
  Couple both with earnings from a 35 hour week at £5.73 per hour. National Minimum Wage will increase to £5.73 per hour from October 2008.
5
  Two individuals both with projected median earnings of all full-time employees in 2008-09.
Note:
a) Individuals are assumed to be on the same level of weekly incomes throughout the year.
 Table 6
 Annual effect of income tax, tax credits, National Insurance, Income Support/Job Seekers Allowance and Child Benefit (CB) changes for single earner
 couples with dependent children
                                                Charge for 2007-08                                                           Proposed charge for 2008-09                                     Change in net
                                                                                                                                                                                               income
      Annual        Income tax     Tax                 3        Child         Net income Income       Income tax        Tax                3        Child         Net income    Income        Net income
                                                 NIC                                                                                 NIC
     income1                     credits2                      Benefit,                  tax, tax                     credits2                     Benefit,                     tax, tax
                                                               IS/JSA                    credits,                                                  IS/JSA                       credits,
                                                                                        NIC, CB,                                                                               NIC, CB,
                                                                                         IS/JSA4                                                                                IS/JSA4
                                                                                        per cent of                                                                            per cent of            per cent of
          £             £            £                     £              £           £     income                £              £             £              £            £       income        £       income
 Single earner household with 1 child under 16
        500             0       2,394                      0      5,798            8,692   -1638.4               0        2,635                0      5,931            9,067     -1713.3       374         74.9
      1,000             0       2,394                      0      5,321            8,715    -771.5               0        2,635                0      5,453            9,088      -808.8       373         37.3
      2,000             0       2,394                      0      4,321            8,715    -335.7               0        2,635                0      4,453            9,088      -354.4       373         18.7
      3,500             0       2,394                      0      2,821            8,715    -149.0               0        2,635                0      2,953            9,088      -159.7       373         10.7
      5,000             0       5,827                      0        946           11,773    -135.5               0        6,209                0        980           12,189      -143.8       416          8.3

        6,000              78        5,538              88          946           12,319    -105.3              113       6,209             59          980           13,017      -116.9       698         11.6
        7,000             178        5,168             198          946           12,739     -82.0              313       5,982            169          980           13,480       -92.6       741         10.6
        8,500             453        4,613             363          946           13,244     -55.8              613       5,397            334          980           13,930       -63.9       687          8.1
                5
        9,600             695        4,206             484          946           13,574     -41.4              833       4,968            455          980           14,260       -48.5       687          7.2
                6
       10,000             783        4,765             528          946           14,400     -44.0              913       5,550            499          980           15,118       -51.2       718          7.2

       10,429              877       4,606           575            946           14,528     -39.3           999          5,382          547            980           15,246        -46.2      718           6.9
       12,500            1,333       3,840           803            946           15,150     -21.2         1,413          4,575          774            980           15,868        -26.9      718           5.7
       15,000            1,883       2,915         1,078            946           15,900      -6.0         1,913          3,600        1,049            980           16,618        -10.8      718           4.8
       17,000            2,323       2,175         1,298            946           16,500       2.9         2,313          2,820        1,269            980           17,218         -1.3      718           4.2
       20,000            2,983       1,065         1,628            946           17,400      13.0         2,913          1,650        1,599            980           18,118          9.4      718           3.6

                7
       25,500            4,193         545         2,233            946           20,566      19.3         4,013            548        2,204            980           20,810        18.4       245           1.0
                8
       33,500            5,953         545         3,113            946           25,926      22.6         5,613            548        3,084            980           26,330        21.4       405           1.2
       40,000            7,414         545         3,312            946           30,765      23.1         6,913            548        3,799            980           30,815        23.0        50           0.1
       50,000           11,414         545         3,412            946           36,665      26.7        10,626            548        3,903            980           36,998        26.0       333           0.7

     60,000        15,414            0      3,512                   946           42,020      30.0        14,626                 0     4,003            980           42,351        29.4       331           0.6
     70,000        19,414            0      3,612                   946           47,920      31.5        18,626                 0     4,103            980           48,251        31.1       331           0.5
     80,000        23,414            0      3,712                   946           53,820      32.7        22,626                 0     4,203            980           54,151        32.3       331           0.4
     90,000        27,414            0      3,812                   946           59,720      33.6        26,626                 0     4,303            980           60,051        33.3       331           0.4
    100,000        31,414            0      3,912                   946           65,620      34.4        30,626                 0     4,403            980           65,951        34.0       331           0.3
 Single earner household with 2 children under 16
        500             0       4,242           0                 6,431           11,173   -2134.6               0        4,723                0      6,586           11,809     -2261.7       636        127.1
      1,000             0       4,242           0                 5,954           11,196   -1019.6               0        4,723                0      6,107           11,830     -1083.0       634         63.4
      2,000             0       4,242           0                 4,954           11,196    -459.8               0        4,723                0      5,107           11,830      -491.5       634         31.7
      3,500             0       4,242           0                 3,454           11,196    -219.9               0        4,723                0      3,607           11,830      -238.0       634         18.1
      5,000             0       7,675           0                 1,579           14,254    -185.1               0        8,296                0      1,635           14,931      -198.6       677         13.5

        6,000              78        7,386              88        1,579           14,800    -146.7              113       8,296             59        1,635           15,759      -162.6        959        16.0
        7,000             178        7,016             198        1,579           15,220    -117.4              313       8,070            169        1,635           16,223      -131.8      1,003        14.3
        8,500             453        6,461             363        1,579           15,725     -85.0              613       7,485            334        1,635           16,673       -96.1        948        11.2
                5
        9,600             695        6,054             484        1,579           16,055     -67.2              833       7,056            455        1,635           17,003       -77.1        948         9.9
       10,000             783        6,613             528        1,579           16,881     -68.8              913       7,638            499        1,635           17,860       -78.6        979         9.8

                6
       10,429              877       6,454           575          1,579           17,009     -63.1           999          7,470          547          1,635           17,988        -72.5      979           9.4
       12,500            1,333       5,688           803          1,579           17,631     -41.0         1,413          6,663          774          1,635           18,610        -48.9      979           7.8
       15,000            1,883       4,763         1,078          1,579           18,381     -22.5         1,913          5,688        1,049          1,635           19,360        -29.1      979           6.5
       17,000            2,323       4,023         1,298          1,579           18,981     -11.7         2,313          4,908        1,269          1,635           19,960        -17.4      979           5.8
       20,000            2,983       2,913         1,628          1,579           19,881       0.6         2,913          3,738        1,599          1,635           20,860         -4.3      979           4.9

                7
       25,500            4,193         878         2,233          1,579           21,531      15.6         4,013          1,593        2,204          1,635           22,510        11.7       979           3.8
                8
       33,500            5,953         545         3,113          1,579           26,558      20.7         5,613            548        3,084          1,635           26,985        19.4       426           1.3
       40,000            7,414         545         3,312          1,579           31,398      21.5         6,913            548        3,799          1,635           31,470        21.3        72           0.2
       50,000           11,414         545         3,412          1,579           37,298      25.4        10,626            548        3,903          1,635           37,653        24.7       355           0.7

       60,000           15,414              0      3,512          1,579           42,653      28.9        14,626                 0     4,003          1,635           43,005        28.3       353           0.6
       70,000           19,414              0      3,612          1,579           48,553      30.6        18,626                 0     4,103          1,635           48,905        30.1       353           0.5
       80,000           23,414              0      3,712          1,579           54,453      31.9        22,626                 0     4,203          1,635           54,805        31.5       353           0.4
       90,000           27,414              0      3,812          1,579           60,353      32.9        26,626                 0     4,303          1,635           60,705        32.5       353           0.4
      100,000           31,414              0      3,912          1,579           66,253      33.7        30,626                 0     4,403          1,635           66,605        33.4       353           0.4

 1
     Calculations are based on annual income, equivalent to weekly income multiplied by 52.
 2
   Tax credits (Working Tax Credit and Child Tax Credit) exclude the 50 plus return to work element and all disability related elements. Figures apply to families where at least one adult is aged 16 and
 over. Each earner is assumed to earn half of the household income. Those earning less than £4,767.36 a year are assumed to work less than 16 hours per week. Those earning £8,938.80 or more
 are assumed to work at least 30 hours per week (unless otherwise stated).
 3
   National Insurance Contributions (NIC) are at the standard class 1 rate for employees not contracted-out of the state second pension scheme.
 4
   A minus sign indicates a net payment to the household.
 5
   Projected mean earnings of female part-time employees in 2008-09. Tax credits calculated on the basis of the individual working at least 16 hours a week, but less than 30 hours.
 6
   Earnings from a 35 hour week at £5.73 per hour. National Minimum Wage will increase to £5.73 per hour from October 2008.
 7
   Projected mean earnings of female full-time employees and median earnings of all full-time employees in 2008-09.
 8
   Projected mean earnings of male full-time employees in 2008-09.
 Note:
 a) Individuals are assumed to be on the same level of weekly incomes throughout the year.




6b9cce13-6260-4237-b575-ba0bbdce26d7.xls                                                              Table 6                                                                                 12/6/2010 1:10 AM
Table 7
Annual effect of income tax, tax credits, National Insurance, Income Support/Job Seekers Allowance and Child Benefit (CB) changes for dual earner
couples with dependent children
                                            Charge for 2007-08                                                         Proposed charge for 2008-09                                    Change in net
                                                                                                                                                                                          income
     Annual        Income tax     Tax        NIC3        Child         Net income Income        Income tax       Tax           NIC3        Child         Net income    Income         Net
    income1                     credits2                Benefit,                  tax, tax                     credits2                   Benefit,                     tax, tax     income
                                                        IS/JSA                    credits,                                                IS/JSA                       credits,
                                                                                 NIC, CB,                                                                             NIC, CB,
                                                                                  IS/JSA4                                                                              IS/JSA4
                                                                                 per cent of                                                                          per cent of               per cent of
         £            £            £                £              £           £     income                £              £           £              £            £       income            £      income
Dual earner household with 1 child under 16
     1,000            0       2,394                 0       5,321           8,715     -771.5               0        2,635             0       5,453           9,088      -808.8          373         37.3
     2,000            0       2,394                 0       4,321           8,715     -335.7               0        2,635             0       4,453           9,088      -354.4          373         18.7
     4,000            0       2,394                 0       2,321           8,715     -117.9               0        2,635             0       2,453           9,088      -127.2          373          9.3
     7,000            0       2,394                 0         946          10,340      -47.7               0        2,635             0         980          10,616       -51.7          276          3.9
   10,000             0       4,765                 0         946          15,711      -57.1               0        5,550             0         980          16,530       -65.3          819          8.2

      12,000              155       4,025         176         946          16,640      -38.7            226         4,770          119          980          17,405        -45.0         765           6.4
      14,000              355       3,285         396         946          17,480      -24.9            626         3,990          339          980          18,005        -28.6         525           3.8
      15,000              466       2,915         506         946          17,889      -19.3            826         3,600          449          980          18,305        -22.0         416           2.8
      19,200            1,390       1,361         968         946          19,149        0.3          1,666         1,962          911          980          19,565         -1.9         416           2.2
      20,000            1,566       1,065       1,056         946          19,389        3.1          1,826         1,650          999          980          19,805          1.0         416           2.1

               5
      20,857            1,754         747       1,150         946          19,646        5.8          1,997         1,315        1,093          980          20,062         3.8          416           2.0
      25,000            2,666         545       1,606         946          22,220       11.1          2,826           548        1,549          980          22,153        11.4          -67          -0.3
      30,000            3,766         545       2,156         946          25,570       14.8          3,826           548        2,099          980          25,603        14.7           33           0.1
      34,000            4,646         545       2,596         946          28,250       16.9          4,626           548        2,539          980          28,363        16.6          113           0.3
      40,000            5,966         545       3,256         946          32,270       19.3          5,826           548        3,199          980          32,503        18.7          233           0.6

   51,000 6       8,386          479      4,466               946          39,573       22.4          8,026           481        4,409          980          40,026        21.5          453           0.9
   60,000        10,366            0      5,456               946          45,125       24.8          9,826             0        5,399          980          45,755        23.7          631           1.1
   80,000        14,829            0      6,624               946          59,494       25.6         13,826             0        7,599          980          59,555        25.6           62           0.1
  100,000        22,829            0      6,824               946          71,294       28.7         21,252             0        7,807          980          71,921        28.1          628           0.6
Dual earner household with 2 children under 16
     1,000            0       4,242            0            5,954          11,196   -1019.6                0        4,723             0       6,107          11,830     -1083.0          634         63.4
     2,000            0       4,242            0            4,954          11,196    -459.8                0        4,723             0       5,107          11,830      -491.5          634         31.7
     4,000            0       4,242            0            2,954          11,196    -179.9                0        4,723             0       3,107          11,830      -195.8          634         15.9
     7,000            0       4,242            0            1,579          12,821     -83.2                0        4,723             0       1,635          13,358       -90.8          537          7.7
   10,000             0       6,613            0            1,579          18,192     -81.9                0        7,638             0       1,635          19,272       -92.7        1,080         10.8

      12,000              155       5,873         176       1,579          19,121      -59.3            226         6,858          119        1,635          20,147        -67.9       1,027           8.6
      14,000              355       5,133         396       1,579          19,961      -42.6            626         6,078          339        1,635          20,747        -48.2         787           5.6
      15,000              466       4,763         506       1,579          20,370      -35.8            826         5,688          449        1,635          21,047        -40.3         677           4.5
      19,200            1,390       3,209         968       1,579          21,630      -12.7          1,666         4,050          911        1,635          22,307        -16.2         677           3.5
      20,000            1,566       2,913       1,056       1,579          21,870       -9.4          1,826         3,738          999        1,635          22,547        -12.7         677           3.4

               5
      20,857            1,754       2,595       1,150       1,579          22,127       -6.1          1,997         3,403        1,093        1,635          22,804        -9.3          677           3.2
      25,000            2,666       1,063       1,606       1,579          23,370        6.5          2,826         1,788        1,549        1,635          24,047         3.8          677           2.7
      30,000            3,766         545       2,156       1,579          26,203       12.7          3,826           548        2,099        1,635          26,257        12.5           55           0.2
      34,000            4,646         545       2,596       1,579          28,883       15.1          4,626           548        2,539        1,635          29,017        14.7          135           0.4
      40,000            5,966         545       3,256       1,579          32,903       17.7          5,826           548        3,199        1,635          33,157        17.1          255           0.6

               6
      51,000            8,386         479       4,466       1,579          40,206       21.2          8,026           481        4,409        1,635          40,681        20.2          475           0.9
      60,000           10,366           0       5,456       1,579          45,757       23.7          9,826             0        5,399        1,635          46,410        22.7          653           1.1
      80,000           14,829           0       6,624       1,579          60,126       24.8         13,826             0        7,599        1,635          60,210        24.7           84           0.1
     100,000           22,829           0       6,824       1,579          71,926       28.1         21,252             0        7,807        1,635          72,576        27.4          650           0.6

1
  Calculations are based on annual income, equivalent to weekly income multiplied by 52.
2
  Tax credits (Working Tax Credit and Child Tax Credit) exclude the 50 plus return to work element and all disability related elements. Figures apply to families where at least one adult is aged 16 and
over. Each earner is assumed to earn half of the household income. Those earning less than £4,767.36 a year are assumed to work less than 16 hours per week. Those earning £8,938.80 or more
are assumed to work at least 30 hours per week.
3
  National Insurance Contributions (NIC) are at the standard class 1 rate for employees not contracted-out of the state second pension scheme.
4
  A minus sign indicates a net payment to the household.
5
  Couple both with earnings from a 35 hour week at £5.73 per hour. National Minimum Wage will increase to £5.73 per hour from October 2008.
6
  Two individuals both with projected median earnings of all full-time employees in 2008-09.
Note:
a) Individuals are assumed to be on the same level of weekly incomes throughout the year.

								
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