Facts and figures about UK taxes, benefits and public spending.
Income distribution, poverty and inequality.
Slides, video clips and interactive tools.
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.
In the period since the impact of the financial crisis became apparent in its public finance forecasts, the current Labour government has announced and legislated for a number of net tax increases and benefit cuts to take effect over the course of the coming parliament to help reduce government borrowing. Labour has made no significant additional proposals in its manifesto. The Conservatives have accepted the bulk of Labour's proposals, but have also announced a very small additional benefit cut and a more substantial net tax cut to be paid for by cuts in spending on public services. The Liberal Democrats propose an additional cut in benefits than the Conservatives and a modest net tax increase rather than a net tax cut. The modest net tightening relative to Labour's plans masks much larger gross giveaways and takeaways in the most far-reaching of the three packages.
This note discusses these various proposals, looking at their economic and administrative merits, their distributional impact and their effect of incentives to work and save.
View all IFS Briefing Notes in the series
Recent IFS Briefing Notes
The public sector workforce: past, present and future
In this briefing note, we combine various data sources to provide for the first time a consistent picture on how the size and composition of the public sector workforce has changed over the past 50 years.
Child and working-age poverty in Northern Ireland over the next decade: an update
This briefing note updates previous IFS projections of child and working-age poverty in Northern Ireland and the UK as a whole from 2012-13 to 2017-18, and in 2020-21.
Food expenditure and nutritional quality over the Great Recession
In this briefing note, we document how the food purchases of households in the UK have changed over the recent period of recession and food price rises.
The IFS played a key role in informing the public during the 2010 election campaign. Our comments on the parties’ tax plans were quoted by the party leaders in their debates.