QEC Special Article
Budget 2019: tax and welfare changes
This QEC Special Article was subject to refereeing prior to publication. The authors are solely responsible for the content and the views expressed.
December 11, 2018
Attachment | Size |
---|---|
Download PDF | 279.97 KB |
The research finds that tax and benefit changes in Budget 2019 will, on average, reduce households’ disposable income by 0.7% compared to a neutral benchmark where tax credits, thresholds and maximum benefit payments rise in line with forecast wage growth.