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A minimum income standard for the UK in 2013

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posted on 13.03.2015 by Donald Hirsch
This is the 2013 update of the Minimum Income Standard (MIS) for the United Kingdom, based on what members of the public think people need for an acceptable minimum standard of living. This update in minimum budgets is based on increases in living costs. The findings also reflect changes in the tax and benefits systems, which affect both people’s living standards and the earnings required to reach a minimum net income. The report describes the ways in which people on lower incomes are being squeezed by a combination of sluggish income growth, restrictions on increases in benefits and tax credits, and rising living costs. It also notes the extent to which increases in income tax allowances help to alleviate this squeeze. This report shows: • what incomes different family types require in 2013 to meet the minimum standard; and • how much the cost of a minimum household budget has risen since the last update in 2012.
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Funding

Joseph Rowntree Foundation

History

School

  • Social Sciences

Department

  • Communication, Media, Social and Policy Studies

Research Unit

  • Centre for Research in Social Policy (CRSP)

Citation

HIRSCH, D., 2013. A minimum income standard for the UK in 2013. York: Joseph Rowntree Foundation, 33pp.

Publisher

Joseph Rowntree Foundation © Loughborough University

Version

VoR (Version of Record)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2013

Notes

This is an official report. It is also available from: http://www.jrf.org.uk/publications/MIS-2013

ISBN

978185935 9839

Language

en

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