31 March 2013
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Date: 2 April 2013
Author: Donald Hirsch
All political parties today say they want to help working people on low to middle incomes who struggle to make ends meet. This briefing looks at how exactly tax cuts interact with Universal Credit and quantifies how little low to middle income working households will keep from a higher personal allowance or a 10p tax rate under UC. It also suggests a simple way in which the Government could ensure that the benefits of tax cuts do flow through to the pockets of the three million taxpayers who claim UC. Any party proposing tax cuts that does not adopt this or an equivalent policy cannot claim to be targeting low to middle income households by cutting taxes.
Date: 30 January 2013
Author: Matthew Pennycook and Alex Hurrell
Low-income families will see their council tax bills rise by up to £600 a year from April.
As a result of council tax benefit reform, No Clear Benefit shows that three-quarters of local authorities are set to demand increased payments from the 3.2 million poorest working-age households who currently pay either no council tax or a reduced charge. Families are facing a hike of more than 330 per cent in the most severe cases.
Date: 21 September 2012
Author: Alex Hurrell
Recent Resolution Foundation research has drawn attention to the fact that wages and household incomes had stagnated even before the 2008 recession hit. Prior to the crash the economy was growing steadily, with real GDP per capita growth of 7.0 per cent between 2003 and 2008, equivalent to an average annual growth rate of 1.4 per cent.1 Yet the benefits of this relatively strong economic performance did not filter down to the average worker
Date: 22 December 2010
Author: Matthew Whittaker
There has been a lot of recent debate about what is middle income – but the range of ‘middles’ that can be derived from earnings and income data is potentially confusing. This briefing note attempts to provide some clarity, by detailing the relative merits and drawbacks of different approaches and sets out how a wide range of possible middles can be derived.
Date: 29 June 2010
Author: Matthew Whittaker
This briefing sets out our response to the Government's Emergency Budget. We acknowledged that the emergency Budget published on 22 June was only ever going to provide part of the story: the details of where spending cuts will fall will not be made clear until the publication of the Spending Review on 20 October. Nevertheless, by setting out the Government’s proposed consolidation path, along with the split between tax and spending and details of which taxes and benefits will be altered, the Budget provides a strong indication of how low earners are likely to be affected by deficit reduction in the coming years.
Date: 24 May 2010
Author: Cara Brown
This briefing gives a snapshot of low earners in the UK. It was sent to new and returning MPs in constituencies with a high proportion of low income households.
Date: 11 December 2009
Author: Matthew Whittaker
This analysis reflects on policy measures set out in the Pre-Budget Report (PBR) 2009 from the perspective of low earners.
Date: 1 August 2009
Author: Helen Aynsley
This briefing, published in partnership with Transact, defines the terms ‘financial inclusion’ and ‘financial exclusion’ and explains what we mean by ‘financial capability’.
Date: 29 July 2009
The Foundation's briefing on the concept of financial health and its current work details research undertaken by the Foundation and sets out the role and aims of the recently established Financial Health Forum.
Date: 2 October 2008
Author: Claudia Wood
As we embark on our second round of Redesigning Social Care Expert Groups, this briefing summarises our work in the area of low earners and long-term care to date.
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