This briefing note examines impacts for English councils using outturns data for 2020–21, compares these with expectations based on ex ante and rapidly available indicators, and considers the implications for both councils’ current financial resilience and how the financial impacts of future extreme adverse shocks should be monitored.
This report analyses Ghana’s customs revenues in historical and international context, before using detailed data to investigate the drivers of revenue in recent years.
African countries could consider temporary, progressive tax reforms that have significant revenue potential whilst minimising short-term negative economic impacts, including wealth taxes, temporary increases in the top rates of personal income tax, and higher taxation of businesses and sectors that fared well during the pandemic.
This briefing note compares trends in output, consumer spending and saving from the 2020 recession with those from two previous recessions beginning in 1990 and 2008.
Increasing vehicle use throughout Africa has potentially large social, economic and environmental costs, particularly in urban areas caused by congestion, accidents and pollution. New research suggests that vehicle taxes in the region commonly fail to address these issues, which are applied predominantly to vehicle imports rather than ownership or usage.
In this paper, we look at why a global deal on global tax reforms was needed, explain how the reforms are likely to work in practice and set out the potential impacts of the global deal, with a focus on lower-income countries.
The IFS Green Budget looks at the ongoing impacts of the COVID-19 pandemic, as the Chancellor aims to secure a lasting recovery and deliver on the Government’s other objectives and priorities.