22 March 2022
Ongoing quality assurance identified a processing error relating to the dataset “The effects of taxes and benefits on household income, disposable income estimate” for financial year ending 2020. This primarily affected the wages and salaries component of original income, however a range of values across published tables have been impacted
After correcting this error, “Average household income, UK: financial year 2020” headline statistics show a revised household disposable income of £30,500 (up from the previously reported £29,900). 2019 timeseries data in this release were also impacted, with a revised household disposable income of £29,300 (down from the previously reported £29,900). Headline statistics for “Household income inequality, UK: financial year 2020” show a revised Gini coefficient of 35.4% (down from 36.3%). 2019 timeseries data in this release were also impacted, with a revised Gini coefficient of 36.0% (up from 35.5%). We apologise for the inconvenience caused.
25 January 2023
An error has been identified in Table 10 impacting the Gini coefficient for FYE 2022 in this table only. This has since been corrected.