More from IFS
Understand this issue

Spring Statement 2025: IFS Zooms In
What were the decisions and trade-offs made by Chancellor Reeves?
27 March 2025

Drastic times need drastic action: breaking the 50-year tax taboo
Rachel Reeves should consider increasing the basic rate, just as Denis Healey did in 1975
14 April 2025

Two-child limit mitigation in Scotland would help larger poor families but policy design could harm work incentives
Mitigating the two-child limit policy would be an effective way to reduce child poverty, but designing an effective policy is not straightforward.
14 March 2025
Policy analysis

Where and how does the government spend its money?
Explore how and where the government spends money, and how this has changed over time, in all regions and nations of the UK
10 April 2025

How did tax credits transform the UK welfare system?
Over 20 years since they were introduced, tax credits have now been replaced by universal credit. How did they change the UK welfare system?
4 April 2025

OBR successive forecasts for productivity growth and out-turn (Index: 2008 = 100)
OBR productivity growth forecasts have historically been over-optimistic: a downgrade to the OBR's forecast could cause a real fiscal headache.
28 March 2025
Academic research

Tax evasion and the contribution-benefit link: the case of maternity benefits
This paper studies tax evasion and the contribution-benefit link in the context of maternity benefits in Hungary.
18 December 2024

The menopause "penalty"
We show that a menopause diagnosis leads to lasting drops in earnings and employment, alongside greater reliance on social transfers.
21 March 2025

The welfare effects of price shocks and household relief packages: Evidence from an energy crisis
How should governments respond to rapid increases in the cost of living driven by shocks to the prices of staple goods?
31 January 2025