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Budget 2007 Summary
Building Britain's long-term future:
Prosperity and fairness for families
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Household income

  • A single earner couple with two children earning £27,000 a year – the median for full time workers – will be, as a result of this Budget’s personal tax and benefit measures, around £500 a year better off in real terms by April 2009.

  • As a result of personal tax and benefit measures introduced since 1997, by April 2009, families with children will be, on average, £1,800 a year better off in real terms, while those in the poorest fifth of the population are, on average, £4,000 a year better off. A single earner family with two children, on average male earnings of £35,900, is £550 a year better off in real terms.