Income tax and Nat Ins.

[geraint]

They do quote, for couples, the highest quintile (20%) with median, NET income of £755 per week and the lowest quintile median NET of £197 per week
Median being the middle value of the set of take home values.
They say...
Notes:
Quintiles divide the data, ranked in ascending order, into five equal parts – from those with the lowest incomes in the bottom 20 per cent to those with the highest incomes in the top 20 per cent.

So I suppose that means if there are 10 million pensioners then 2 mil' are in the bottom 20% with the average of the 1,000,000th and the 1,000,001st NET incomes being the median for the group.

We shall see.

-0-

quintile....

please explain...

Please see above.

-0-

is that strange word in the dictionary

 

[misterdubya]

is that strange word in the dictionary

Dont make sennse that one dont.

Mr. Z.

 

[geraint]

me thinks that some people are above their intelligence...must be as no doubt they harbour to tone and gord....