Autumn Statement

The Chancellor announced on Thursday in his autumn statement both tax increases and cuts to public spending.

The tax burden is already at an historic high. Family finances are under severe pressure. It is all the more important therefore that we should be sharing the tax burden between ourselves as fairly as possible.

To enable the Chancellors proposals to be evaluated we have published a paper examining which households are currently bearing the heaviest income tax burdens in England, Wales, and Northern Ireland. It is families, that is households with children, who bear the heaviest burdens. Read the paper here.

A family with two children and an average standard of living is likely this year to be paying over £6000 in income tax whereas a household without children could be paying less than £3000.