This report, which is based on recently published OECD data, examines how UK households were taxed in 2023 (UK tax year 2023-24). It compares the UK with the OECD as a whole and with three other individual members (France, Germany and the US). It updates information provided in a similar report for 2022.
Read MoreThe main problem is that income tax liabilities are unrelated to household incomes with the result families in poverty may be paying tax as well as receiving universal credit. The overlap of the tax and benefit systems traps families in poverty and results in many families having a high marginal tax rate – a higher rate than applies to taxpayers earning over £125,000.
Read MoreThis report considers how UK households are taxed compared with their counterparts in other developed countries.
Read MoreBreakthrough! Tax and the Family make a proposal for resolving the one earner/two earner unfairness in the High Income Child Benefit Charge which meets previous objections.
Read MoreThe tax burden is increasing for everyone but people with children are the worst affected. They have the lowest incomes yet bear a disproportionately high share of the income tax burden and the Treasury take back almost 70% or more of any extra money they earn.
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