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Press release
Rishi Sunak’s first Budget could be the most important fiscal event in years. It will set the direction of policy for the next five years. If this new government is going to make radical change to taxes and spending this surely is the time to do it.
Press release
The Labour Party has announced plans to introduce a 45% income tax rate on annual incomes over £80,000 and a 50% rate on incomes over £125,000 from 2020–21.
Press release
The Conservatives’ and Labour’s plans for minimum wages would take us into uncharted waters. That calls for a careful and incremental process to ensure that, if the employment prospects of the low-paid do start to be impacted, policymakers can change course before it is too late.
Press release
A growing elderly population, increases in the number of disabled adults, and increases in wage and other costs, mean that English councils will likely need billions in extra funding over the next parliament if they are to meet the rising costs of providing adult social care. That will be required ...
Press release
The IFS Green Budget 2019, in association with Citi and the Nuffield Foundation, looks at the issues and challenges facing Chancellor Sajid Javid as he prepares for his first Budget and examines tax and spending options ahead of the next election.
Press release
The government should set out its long-term plan for taxing driving - before it finds itself with virtually no revenues from driving and no way to correct for its costs
Press release
It has been announced that Jeremy Corbyn MP, Labour Party Leader, will outline a Labour policy to introduce “emergency” reforms to Universal Credit with the intention of developing a new social security system to replace it altogether. Robert Joyce (IFS) and Tom Waters (IFS) provide comment and ...
Press release
Promising £10 billion to £20 billion of tax cuts is a major commitment, given the spending increases promised by the government and growing demographic pressures. Any new tax cuts should be designed to improve the design and efficiency of the tax system, promote growth or achieve some clear ...
Press release
The extra £4.3 billion just committed for schools in England by 2022 will just about reverse the cuts of 8% in spending per pupil since 2009. Even so, an effective 13-year real-terms freeze will still represent an unprecedented period without growth.
Press release
The Chancellor has announced an increase in spending on public services for next year. Day-to-day spending on public services will grow by 4.1%, or around £13.8 billion, between 2019−20 and 2020−21 in real terms.

Most recent outputs

Journal article | Fiscal Studies - Special Issue: 50th Anniversary of IFS
Journal article | Fiscal Studies - Special Issue: 50th Anniversary of IFS
Journal article | Fiscal Studies - Special Issue: 50th Anniversary of IFS
Journal article | Fiscal Studies - Special Issue: 50th Anniversary of IFS