The Chancellor presented his Pre-Budget Report at 3.30pm on Monday 24th November. IFS held a briefing on the following day, Tuesday 25th November, at 1pm.
- Robert Chote's opening remarks
- Tax and benefit changes and distributional analysis, Mike Brewer and James Browne
- PBR 2008 and the public finances, Carl Emmerson
- PBR 2008 and the fiscal rules, Gemma Tetlow
- Indirect and business taxes, Stuart Adam
Public finances and the fiscal stance
- The UK public finances: ready for recession?
This Briefing Note looks at a couple of key indicators of the health of the public finances in historical and international perspective.
- Alistair Darling's mini-Budget: can he afford it?
This note assesses the impact of recent tax and benefit changes on the public finances and the economy.
- Green Budget 2008
Two chapters from the January 2008 Green Budget discuss the evolution of the public finances under Labour, and the current fiscal framework.
- PBR 2008: setting the scene; two presentations, one by Robert Chote and one by Carl Emmerson, outline the Governments' current fiscal position and economic outlook.
Personal taxes and living standards
- The 10% tax rate: where next?
This note looked at the winners and losers of these changes to the tax system and the government's efforts to compensate those who lost out.
- Racing away? Income inequality and the evolution of high incomes
This Briefing Note provides an analysis of the characteristics of high-income individuals and how their incomes have evolved over time.
- The inflation experience of older households
This Commentary looks at the inflation experience for different groups of households, focusing in particular on pensioner households.
- Poverty and inequality in the UK: 2008
An update on trends in living standards, income inequality and poverty.
- Options for Tax Credit reform
IFS was asked by Barnardo's to model three reforms of the tax credit system, each designed to reduce child poverty to the government's 2010/11 target in a different way.