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In 2014–2015, 13.5 million people were in relative low income AHC (an increase of 300,000 from the year before) and 12.9 million people were in absolute low income AHC (a decrease of 700,000 from the year before). Relative low income means that people live in households with income below 60% of the median in a specified year.
The 2013/14 HBAI reported that 15% of people had a relative low income (below 60% of median threshold) before housing costs. [9] Data from HMRC 2012–13; incomes are before tax for individuals. The personal allowance or income tax threshold was £8,105 (people with incomes below this level did not pay income tax). [6]
Working Tax Credit (WTC) is a state benefit in the United Kingdom made to people who work and receive a low income. It was introduced in April 2003 and is a means-tested benefit . Despite the name, tax credits are not to be confused with tax credits linked to a person's tax bill , because they are used to top-up low wages.
Income Support is an income-related benefit in the United Kingdom for some people who are on a low income, but have a reason for not actively seeking work. Claimants of Income Support may be entitled to certain other benefits, for example, Housing Benefit, Council Tax Reduction, Child Benefit, Carer's Allowance, Child Tax Credit and help with health costs.
The watchdog is concerned over half of low-income UK households are not receiving the correct advice when it comes to switching to a social tariff, with consumer groups urging customers to look ...
A substantial part of the UK population still lives in council housing; in 2024, about 17% of UK households. [3] Approximately 55% of the country's social housing stock is owned by local authorities. Increasingly the stock is managed on a day-to-day basis by arms-length management organisations rather than directly by the authority, and by ...
In the UK in 2006, "more than five million people – over a fifth (23 percent) of all employees – were paid less than £6.67 an hour". This value is based on a low pay rate of 60 percent of full-time median earnings, equivalent to a little over £12,000 a year for a 35-hour working week.
The Minimum Income Standard (MIS) is a research method developed in the UK, and now applied in other countries, to identify what incomes different types of households require to reach a socially acceptable living standard.