Downloads
![Image representing the file: bn126.pdf](/sites/default/files/output_url_files/bn126.pdf_0.jpg)
bn126.pdf
PDF | 259.09 KB
This Briefing Note is intended to provide background to the Chancellor's Budget on 21 March 2012. It first gives an overview of the tax and benefit reforms currently planned for the coming financial year and their likely impact on household incomes. It then considers the outlook for household incomes in the near future more broadly, given current macroeconomic forecasts of variables such as employment and earnings as well as planned tax and benefit policy.
Authors
![Robert Joyce](/sites/default/files/styles/square_desktop/public/2022-06/Rob_Joyce.jpg?itok=4UaBJrrb)
Deputy Director
Robert is a Deputy Director. His work focuses on primarily on the labour market, income and wealth inequality, and the design of the welfare system.
Report details
- DOI
- 10.1920/bn.ifs.2012.00126
- Publisher
- IFS
Suggested citation
Joyce, R. (2012). Tax and benefit reforms due in 2012-13, and the outlook for household incomes. London: IFS. Available at: https://ifs.org.uk/publications/tax-and-benefit-reforms-due-2012-13-and-outlook-household-incomes (accessed: 1 July 2024).
More from IFS
Understand this issue
![Microphone](/sites/default/files/styles/square_desktop/public/2024-06/Microphone.jpg?itok=soM7Wvbz)
Election Special: Your questions answered
27 June 2024
![Tom Waters](/sites/default/files/styles/square_desktop/public/2024-06/tom%20waters.jpg?itok=faDtwS3F)
What is the two-child limit in benefits?
27 June 2024
![Interview](/sites/default/files/styles/square_desktop/public/2024-06/1.jpg?itok=mjderngL)
Election Special: The big issues politicians haven't spoken about
25 June 2024
Policy analysis
![Polling station](/sites/default/files/styles/square_desktop/public/2024-06/Polling-station-school.jpg?itok=uS-l6b-1)
What are the parties’ plans for benefits and taxes?
24 June 2024
![Welsh town with mountains behind](/sites/default/files/styles/square_desktop/public/2024-06/Welsh-town-feature.jpg?itok=5axb5wZn)
How would the parties’ tax and spending plans affect Scotland and Wales?
28 June 2024
![Ambulance and police car](/sites/default/files/styles/square_desktop/public/2024-06/Ambulance-and-police-car.jpg?itok=RMgHb2lX)
How should we interpret parties’ public spending pledges this election?
23 June 2024
Academic research
![Fiscal Studies - 2024 - June cover](/sites/default/files/styles/portrait/public/2024-06/Fiscal%20Studies%20-%202024%20-%20-%20June%20cover.jpg?itok=mQEwRc_w)
Income inequality in Ireland, 1987–2019
28 June 2024
![Fiscal Studies - 2024 - June cover](/sites/default/files/styles/portrait/public/2024-06/Fiscal%20Studies%20-%202024%20-%20-%20June%20cover.jpg?itok=mQEwRc_w)
Components of the evolution of income inequality in Sweden, 1990–2021
28 June 2024
![Working Paper Cover](/sites/default/files/styles/portrait/public/2024-06/WP202425-The-intergenerational-elasticity-of-earnings-exploring-the-mechanisms_Page_01.jpg?itok=BhqlYpqX)
The intergenerational elasticity of earnings: Exploring the mechanisms
3 June 2024