News

IFS issues frequent press releases and observations and features regularly in online, broadcast and printed media. Staff also write and contribute to news articles.

IFS research staff are happy to speak to the press about the findings of our work. If you are a member of the press and have an enquiry or would like to receive new press releases by email, please contact the Press and Communications Manager, Bonnie Brimstone (020 7291 4818).

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Universal credit cuts support for working families, but helps make work pay where current system creates worst problems

| Press Release

During this parliament the government plans to replace most of the means-tested benefits system for working-age families with a single payment called universal credit (UC). A series of pre-emptive cuts mean that introducing UC will in the long run reduce the generosity of the benefit system – including to working families, in a reversal of the original intention. But it will still do a lot to help make work pay for many of those who currently face the most severe disincentives. These are among the findings of new analysis by IFS researchers which forms part of the forthcoming IFS Green Budget 2016, produced in association with ICAEW and funded by the Nuffield Foundation.

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What does the row over Google’s tax bill tell us about the corporate tax system?

| Observations

Corporate tax has rarely excited the imagination of the public as much as in recent years. This week Google has become the latest company to attract widespread anger over the amount of tax it has paid in the UK. The sense that there are some big, profitable companies paying relatively little in corporate tax has led many to try to allocate blame. Are multinationals simply behaving badly? Is HMRC cutting sweetheart deals with favoured companies? Have politicians failed in their task of writing the tax rules?

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IFS public finance bulletin: August 2015

| Public Finance Press Releases

Today the Office for National Statistics and HM Treasury published Public Sector Finances July 2015. We now have details of central government receipts, central government spending, public sector net investment, borrowing and debt for the first four months of financial year 2015–16.

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