Concept selected: Total disposable household income
- Definition
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This is calculated by adding the income received by all the members of the household. The disposable household income (net after taxes and social security contributions paid) includes: - All income from work (wages of wage earners and income from self-employed workers) - Capital and property income - Transfers between households - All the social benefits received in cash, including retirement pensions - Income from private pension plans The disposable household income does not include: - Social benefits in kind - Imputed rent - Income in kind, with the exception of company cars - Auto-consumption - Tax on wealth It is possible to find information broken down for each component of income in Commission Regulation (EC) no. 1980/2003, and in the EU-SILC guidelines.
- Source
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Living Conditions Survey (LCS). Methodology
- Topic
- Statistical operations (links to the Inventory of Statistical Operations)
- Concepts associated
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There are no related concepts