Analysis by think tank Civitas shows 83% of all income tax is paid by 40% of British adults. The study's authors say the 'net dependency ratio' is the highest on record.
Analysis by think tank Civitas shows 83% of all income tax is paid by 40% of British adults. The study's authors say the"net dependency ratio" is the highest on record.Britain's benefits dependency has hit an all-time high, with more than half of households receiving more from the government than they pay in tax, research suggests.
Analysis by Civitas of Office for National Statistics data from 2020-21 showed a record 54.2% of people now live in households which received more in benefits than they contributed in taxes.The study also showed 83% of all income tax is paid by 40% of British adults.It fell from 52.5% to 47.5% in 2019-20, but grew during the pandemic due to increased government aid.
Civitas, a right-wing think tank, said the long-term trend is"clearly" on the up, comparing the 1977-2000 average of 41.2% with 2020-21's figure of 54.2%. It also found around 27 million people receive an average of £23,000 per year in cash benefits and"benefits in kind" - goods and services provided to an employee for free or at reduced costs such as a company car or private health insurance.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
British serial killer 'sets world record after 45 years in solitary confinement'Robert Muadsley, one of Britain's most notorious serial killers, has broken a world record for the most years spent in solitary confinement 😳
Read more »
British 'cannibal serial killer' sets world record for longest time spent in solitary confinementA British serial killer accused of cannibalism has set the record for the most days spent in solitary confinement, according to reports.
Read more »
Jack Ryan season 3 just beat record set by Netflix's WednesdayLots of people streamed John Krasinski's latest.
Read more »
WRC Monte Carlo: Dominant Ogier scores record ninth victoryWorld Rally Championship legend Sebastien Ogier has scored a record ninth Rally Monte Carlo victory following a dominant performance from the eight-time world champion and his Toyota team.
Read more »
Ogier: Priceless record Monte Carlo WRC win will take time to sink inSebastien Ogier says claiming a record ninth Rally Monte Carlo win is priceless and it will take time for this latest World Rally Championship achievement to sink in.
Read more »
Ogier: Priceless record Monte Carlo WRC win will take time to sink in“It will take a bit of time to sink in.' Sebastien Ogier has described his ninth career WRC victory at RallyeMonteCarlo as priceless after a dominant showing in the 2023 season opener.
Read more »