Middle-income UK households as well as those on higher incomes will be hit by tax rises

Impact of autumn statement tax and benefit changes in 2027-28 by income group

NI threshold increase

Benefits and allowances

Two- and four-year tax threshold freeze

Income tax threshold reduction

Dividend allowance threshold

Capital gains tax

£2,000

0

-2,000

-4,000

High-income households will pay £4,200 more in taxes by 2027-28

-6,000

Poorer

households

Richer

households

Two- and four-year tax threshold freeze

Benefit and allowances

NI threshold increase

Income tax threshold reduction

Dividend allowance threshold

Capital gains tax

£2,000

0

-2,000

-4,000

High-income households will pay £4,200 more in taxes by 2027-28

-6,000

Poorer households

Richer households

Guardian graphic. Source: Resolution Foundation, Help today, squeeze tomorrow Putting the 2022 Autumn Statement in context, 18 November 2022. Note: 2023-24 prices. Net equivalised household income vigintile, after housing costs. It was assumed that capital gains tax changes will affect the top vigintile only