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Budget 2006 Summary
A strong and strengthening economy:
Investing in Britain's future
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Household income
  • Compared with last year, a single earner couple with two children, with earnings up to the median for full time workers – £24,000 per year – will be at least £70 a year better off in real terms.

  • As a result of personal tax and benefit measures introduced since 1997, by October 2006, families with children are, on average, £1,500 a year better off in real terms, while those in the poorest fifth of the population are, on average, £3,400 a year better off. A single earner family with two children, on average male earnings of £31,600, is £235 a year better off in real terms.