Pages

Pages

Wednesday, July 02, 2008

The Affluent Society ?

A single person living in Britain needs to earn at least £13,400 a year before tax to afford a basic but acceptable standard of living, research claimed

The "minimum income" is enough to cover needs like food and warmth, as well as the occasional film ticket and simple meal out.

The study found that a single person without children needed to spend £158 a week, while a couple with two children needed £370 a week, excluding rent or mortgage.To afford this budget on top of rent on a modest council home, a single person would need to earn £13,400 a year before tax and the couple with two children £26,800.

The report said families without a working adult received about two thirds of the minimum budget in state benefits.Single people without work received less than half of the minimum budget in benefits. The basic state pension gives a retired couple about three quarters of the minimum income, but claiming the means-tested Pension Credit could top their income up to just above the minimum standard, the report said.

Jonathan Bradshaw, professor of social policy at the University of York, said: "Based on these public assessments, almost everyone defined as living below the official poverty line falls short of what people judge to be adequate for their fellow citizens – sometimes by quite a long way."

No comments:

Post a Comment