Facts and figures about UK taxes, benefits and public spending.
Income distribution, poverty and inequality.
Analysing government fiscal forecasts and tax and spending.
Analysis of the fiscal choices an independent Scotland would face.
Case studies that give a flavour of the areas where IFS research has an impact on society.
Reforming the tax system for the 21st century.
A peer-reviewed quarterly journal publishing articles by academics and practitioners.
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Type: Newspaper Articles
The Pensions White Paper set out the Government's proposed reforms to pension provision in the UK in light of the Pensions Commission's recommendations. It proposed reforms to state pensions and the introduction of new personal accounts to encourage private pension saving. This article examines the proposed changes to state pensions and assesses who will win and who will lose from their implementation. The largest gainers, on average, are women: they will gain more from changes to credits for both the Basic State Pension and the State Second Pension, and - because they tend to live longer - also from the earnings indexation of the Basic State Pension. Those on higher earnings will see a smaller increase in their state pension as a result of cuts to the State Second Pension, while those on lower incomes will lose from a cut to the generosity of the Pension Credit Savings Credit. There is still substantial uncertainty over whether these reforms will last, particularly as they are likely to have significant tax consequences from 2020 onwards. Search |

