Taxes and benefits

Focusing on the distributional consequences, this paper details the changes in the tax and benefit system in the Labour government's Budgets since they came to power in 1997.

This paper examines how capital tax competition affects jurisdiction formation.

The goals of income transfer systems in the US and the UK for low-income families are to reduce poverty and welfare dependency and encourage work.

This paper introduces a recursive algorithm with which to generate complete and accurate budget constraints using static microsimulation models.

This report aims to shed some light on the complex issues that surround this debate. Topics addressed include recent trends in corporate tax systems, costs imposed by having diverse national corporate taxes within Europe, proposals for limited co-ordination of corporate income taxes within the EU and more ambitious options for corporate tax harmonisation.

This paper examines the impact of fiscal incentives on the level of R&D investment.

In October 1999 WFTC replaced Family Credit as the main package of in-work financial support for families with children. This note compares the results of three IFS projects assessing the effectiveness of the WFTC in getting people back to work.

This paper uses a sample of lone mothers (and former lone mothers who are now repartnered) drawn from the 1997 Family Resources Survey to analyse the potential effects of reforming the UK system of child support.

In October 1999, the working families' tax credit (WFTC) replaced family credit as the main package of in-work support for families with children.

This discussion paper describes the structure of Family Credit and the Working Families Tax Credit (WFTC). It looks at the characteristics of likely recipients and discusses how the WFTC will affect work incentives for different types of households. The paper then goes on to discuss a series of issues that deserve attention and discussion in the context of the UK reform, and perhaps more generally in the consideration of policies of this type.

After a break of a few years, the European Union has recently again become active in the area of co-ordinating capital income taxes between Member States.

Significant change was made to both tax and benefits systems during the period 19972001.

This paper examines alternative approaches to wage subsidy programmes.