How much income do families have and where does it come from? Find out how taxes and social benefits in OECD countries affect the incomes of families with children from before birth, during the years following a child's birth and in later years.
The OECD has taken the rules about who is entitled to what benefits and who should pay how much tax in different countries, and put them into one simple Family Support Calculator. The tool, based on a modified version of the the OECD's Tax and Benefit Models, allows users to choose and compare the income situation of various family types as their children age - for the income year 2014 (version August 2016).
Calculations take into account Birth-related leave payments, social assistance benefits, family benefits, housing benefits and in-work benefits. Taxes and social security contributions due on earnings and benefits are also included in the calculations.
Instructions for use:
(*Detailed explanation of each of the parameters for the calculator can be accessed via the links provided in the parameter selection window).
CALCULATOR**:
(**Data are not available for Mexico.)
Contact
For further information, please contact [email protected].
Disclaimer: Tax-benefit and Family support model
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