The Mirrlees Review: reforming the tax system for the 21st century

Understand this issue

Spring Budget 2024: What you need to know

podcast

IFS reaction to the Chancellor's Spring Budget.

7 March 2024

The way Chancellors respond to economic news adds to our debt - here's why

explainer

Chancellors don’t respond symmetrically to good and bad economic news. The result is higher debt.

1 March 2024

Should we worry about government debt?

podcast

David Miles joins us to discuss high government debt and its impact on the economy.

11 April 2024

Policy analysis

Spring Budget 2024

collection

All our analysis of the Spring Budget 2024. Includes research, comment, explainers and more.

6 March 2024

Oil and gas make Scotland’s underlying public finances particularly volatile and uncertain

comment

A fallback in oil and gas prices has hit Scotland’s underlying public finance position this year.

27 March 2024

Reforming the taxation of non-doms: policy options and uncertainties

comment

This comment summarises what is known about non-doms, the options for reforming how they are taxed and potential revenue implications.

4 March 2024

Academic research

Intertemporal income shifting and the taxation of business owner-managers

journal article

We show that responses of UK company owner-managers to personal taxes are due to intertemporal income shifting and not reductions in business activity

24 January 2024

Insurance, redistribution, and the inequality of lifetime income

working paper

This paper studies how the tax-and-transfer system mitigates income inequalities over the lifetime, which can lead to disparities in living standards.

2 November 2023

The menopause "penalty"

working paper

We estimate the effect of menopause diagnosis on employment and earnings, reliance on social safety net programs, and demand for medical care.

18 March 2024