|Date:||09 September 2015|
|Authors:||William Elming , Carl Emmerson , Paul Johnson and David Phillips|
|Publisher:||Institute for Fiscal Studies|
This briefing note, prepared for the House of Commons Treasury Select Committee, documents the estimated distributional impact of the tax and benefit changes that have been announced for implementation in the current parliament. It then considers the extent to which households might expect the net losses from these changes to be offset through increased wages as a result of the large increase in the minimum wage for those aged 25 and over that was announced in the July 2015 Budget.