Government finances and spending

The Chancellor of the Exchequer, George Osborne, yesterday confirmed that a Patent Box will be introduced in the UK in 2013. This policy will reduce the rate of corporation tax on the income derived from patents to 10%. Our analysis suggests that the policy will lead to a large reduction in UK tax receipts from the income derived from patents, is poorly targeted at promoting research, will add complexity to the tax system, and it is far from clear that any additional research resulting from the policy will take place in the UK.

This presentation was delivered at the Daycare Trust's annual conference 2010.

Last week, the Minister of State for Universities and Science, David Willetts, announced the Government's proposals for higher education funding in England, in response to last month's publication of the Browne Review. IFS released some initial reaction to these proposals last week. Here we quantify the main implications of that announcement.

This presentation was delivered at the Mirrlees Review launch of findings, 10 November 2010.

This presentation was delivered at the Mirrlees Review launch of findings, 10 November 2010.

This presentation was delivered at the Mirrlees Review launch of findings, 10 November 2010.

This presentation was delivered at the Mirrlees Review launch of findings, 10 November 2010.

This presentation was delivered at the Mirrlees Review launch of findings, 10 November 2010.

The Minister of State for Universities and Science, David Willetts, has today announced the Government's proposals for higher education (HE) funding in England, in response to last month's publication of the Browne Review. Here we outline our initial response to this release.

These slides were presented at a Policy Exchange seminar, 'The Child Poverty Target: Towards an Index of Life Chances?'.

In recent months, there has been much speculation that the Winter Fuel Payment (WFP) will be abolished or restricted as part of the forthcoming programme of spending cuts. In this observation we contribute to this debate by summarising what the WFP does, and does not, achieve.