Support #28
open
Household income data variables
100%
Description
I'm trying to reconcile income data from US with comparable data from the Family Resources Survey / HBAI 2009/10.
There are two household income variables in US hh_resp: a_fihhmngrs_dv and a_fihhmnnet_dv. These are described as 'gross' and 'net' household income in the past month - but not what the second is 'net' of (taxes? housing costs?).
I can't find is any further explanation, or description of how they are derived from the detailed income data - grateful for any help.
Updated by Redmine Admin about 14 years ago
- Category changed from 20 to Data documentation
- Assignee set to Redmine Admin
- % Done changed from 0 to 80
Alex,
The household income is net of taxes (incl. national insurance).
hth, Jakob
Updated by Alex Fenton about 14 years ago
Redmine Admin wrote:
Alex,
The household income is net of taxes (incl. national insurance).
Thanks Jakob. Is it net of Council Tax also?
alex
Updated by Redmine Admin about 14 years ago
The net household income is net of income tax, National Insurance contribution, pensions and union dues, but not of Council Tax. We have yet to provide an estimate of the Council Tax component, which will be derived on the basis of Council Tax band and Local Authority.
See also FAQs on Linkage of geographical data and Special License
Jakob
Updated by Gundi Knies over 10 years ago
- Category changed from Data documentation to Income
Updated by Understanding Society User Support Team 12 days ago
- Status changed from Closed to Resolved
- % Done changed from 80 to 100