25 July 2022

We have identified a processing error to the dataset Effects of taxes and benefits on household income for financial year ending 2020. This primarily affected original income, however a range of values across published tables have also been affected.

23 August 2024

Ongoing quality assurance identified a processing error relating to the dataset “The effects of taxes and benefits on household income” for financial year ending 2022. An error was identified in self-employment income, cash benefits and indirect taxes microdata, impacting a range of published tables. After correcting this minor error, revised UK final income remains within 0.3% of previously reported values. “Effects of taxes and benefits on UK household income: financial year ending 2022” headline statistics show a revised median household final income of £38,200 (up from previously reported £38,100), and that richest fifth of people in FYE 2022 paid 9.8% of equivalised disposable income on indirect taxes (up from previously reported 9.0%). We apologise for any inconvenience, data tables and main points have now been corrected.