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Taxes, Benefits & Inequality in the UK Explained!

Geoff Riley

25th September 2025

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Ever wondered how taxes and benefits really shape household income in the UK? From original earnings to post-tax take-home pay, this video breaks down the impact of government policies on different income groups. We’ll explore who gains, who pays more, and how inequality shifts across society in 2024. Perfect for students, learners, and anyone curious about economics in action!

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.