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The Schools Bill: what's changing and why?
podcast
<p class="p1">The bill aims to improve education and social care for children. But will it work?</p>
11 March 2025
Family values: inheritance, inequality and social mobility
podcast
<p><span style="font-family:"Aptos",sans-serif;font-size:12.0pt;line-height:115%;">Wealth concentration among baby boomers and stagnant earnings are driving the rise of the ‘Bank of Mum and Dad’, affecting social mobility.</span></p>
3 March 2025
How important is the OBR forecast?
podcast
<p>The OBR forecast will underpin the Chancellor’s decisions at the next Spring Forecast.</p>
12 February 2025
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Guides, manuals, software and more Fiscal facts: public finances, tax and benefits
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Spring Statement 2025: IFS analysis
event 27 March 2025
<p><span style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);color:rgb(37, 61, 64);display:inline !important;float:none;font-family:"DM Serif Text", serif;font-size:20px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">At this online event IFS researchers will present their initial analysis of the Chancellor's Spring Statement.</span></p>
How can people be better helped to draw on their pension wealth in retirement?
event 1 April 2025
<p><span data-teams="true">This online event will present new analysis of the way in which defined contribution pension wealth is currently being accessed.</span></p>
IFS residential conference 2025: How do we build a business tax system for the 21st century?
conference 3 April 2025
<p>This conference, in association with <a href="https://www.deloitte.co.uk">Deloitte</a>, will discuss the UK business tax system in the context of the new Corporate Tax Roadmap.</p>
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<p>At IFS, we recruit and train top-quality economists and professional support staff. We aim to foster a respectful and inclusive working environment.</p>
20 July 2022
Centre for the Microeconomic Analysis of Public Policy
The Research Centre at the heart of IFS is the CPP.
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Fiscal Studies Special Issue on a Wealth Tax: Time for Another Look?

Published on 25 October 2021

Fiscal Studies Special Issue on a Wealth Tax: Time for Another Look?

Contents

The economic arguments for and against a wealth tax

This article asks when a wealth tax would in principle be a desirable part of the tax system, setting aside the practicalities and politics that would be crucial in reality.

Taxes on wealth: time for another look?

This special issue draws together the latest thinking on wealth applying international experience and evidence to a UK context.

The UK's wealth distribution and characteristics of high-wealth households

We show that wealth inequality in the UK is high and has increased slightly over the past decade as financial asset prices have increased in the wake of the financial crisis.

Ways of taxing wealth: alternatives and interactions

In this paper, I examine the role of a wealth tax in the context of the UK's existing taxes on wealth.

Behavioural responses to a wealth tax

In this paper, we review the existing empirical evidence on how individuals respond to the incentives created by a net wealth tax.

Who should pay a wealth tax? Some design issues

This paper is concerned primarily with the question of who should pay a wealth tax and in what circumstances, if such a tax is to be levied.

Revenue and distributional modelling for a UK wealth tax

In this paper, we model the revenue that could be raised from an annual and a one-off wealth tax of the design recommended by Advani, Chamberlain and Summers in the Wealth Tax Commission's Final Report (2020).

Issue Edited by:

Arun Advani, Helen Miller and Andy Summers

The full issue is available at the Wiley Online Library.

Articles by IFS authors:

Taxes on wealth: time for another look?

Arun Advani, Helen Miller and Andy Summers

The UK's wealth distribution and characteristics of high-wealth households

Arun Advani, George Bangham and Jack Leslie

The economic arguments for and against a wealth tax

Stuart Adam and Helen Miller

Ways of taxing wealth: alternatives and interactions

Behavioural responses to a wealth tax

Arun Advani and Hannah Tarrant

Revenue and distributional modelling for a UK wealth tax

Arun Advani, Helen Hughson and Hannah Tarrant