Disposable income at 10-year low

October 08, 2007 10:59 AM

Research by the price comparison website uSwitch.com found that disposable income - the money left over after taxes, mortgage/rent payments and household bills - has fallen to just 32.6 per cent of gross income, compared with 34.5 per cent in 1997.


The biggest increases in household costs, apart from house prices, were income tax, national insurance and council tax. It cannot be clearer - higher taxes mean lower disposable income. It's time for politicians of all parties to realise that the best way to boost families' spending power is to cut the overall burden of tax.

Research by the price comparison website uSwitch.com found that disposable income - the money left over after taxes, mortgage/rent payments and household bills - has fallen to just 32.6 per cent of gross income, compared with 34.5 per cent in 1997.


The biggest increases in household costs, apart from house prices, were income tax, national insurance and council tax. It cannot be clearer - higher taxes mean lower disposable income. It's time for politicians of all parties to realise that the best way to boost families' spending power is to cut the overall burden of tax.

Latest Blogs:

TaxPayers' Alliance Icon

Magna Carta - A Very English Tax Revolt

9:09 AM 26, Sep 2017 Daniel Pryor

TaxPayers' Alliance Icon

Who will defend the defenders?

12:03 PM 20, Sep 2017 Duncan Simpson

TaxPayers' Alliance Icon

What’s wrong with the all-ages graduate tax?

6:09 PM 18, Sep 2017 Jan Zeber

TaxPayers' Alliance Icon

Should taxpayers fund Zumba, facials and spas for the NHS?

4:02 PM 18, Sep 2017 Ben Ramanauskas