Some rough calculations of basic income costs (UK), you can edit figures with a little pencil icon beside them. Hover over numbers or click the cog icon to see how a number has been calculated.
Target income (per month): £600.00
= annual £7,200.00.
Proportion of this for children 0.5 = £300.00 per month.Paid for by various interventions (see below) and increase in tax rate of 5.00%Note the current single person Universal Credit is £409.89 ( gov.uk ) and pension is £759.20 ( gov.uk ) Summary impact: Net cost to public purse (with interventions below): £NaN billion.Gain for tax payer at […]
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