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Over Half of Brits Receive More in Benefits Than They Pay in Tax During Pandemic


More than half of Britons received more in welfare than they paid in tax last year as the government response to the pandemic drove a big reduction in inequality, according to the Office for National Statistics. A value-added-tax cut, increased spending on welfare and health, and a steep reduction in household consumption meant that 54.2% of individuals took more support from the state than they contributed in the first year of the pandemic to March 2021. The ONS said it was “both the greatest proportion and the largest annual increase” since records began in 1977. In 2020, 47.5% were net recipients. Income support programs, such as furlough, were not a benefit.

Bloomberg - July 29, 2022

View the full story here: https://www.bloomberg.com/news/articles/2022-07-29/over-half-of-britons-were-net-welfare-recipients-during-pandemic