Effects of taxes and benefits on household income.

The article reports that there has been a rise in inequality of disposable household income in Great Britain. The ONS published its annual analysis of the effects of taxes and benefits on domestic income on May 17. Cash benefits such as income support, pension, child benefit, and the state retirement pension play the largest part in reducing inequality. The Effects of Taxes and Benefits on Household Income includes detailed estimates of the benefits received and taxes paid for the household population ranked by equivalised disposable revenue.