The government is restarting ‘managed migration’, the process under which those still receiving legacy benefits or tax credits move to universal credit.
They might not know it yet, and it is likely to pass the rest of us by entirely, but for more than two and half million families, today is a very big day.
Chancellor Rishi Sunak responded to the OBR's latest economic and fiscal forecast on Wednesday 23 March. IFS researchers presented their initial analysis of the Chancellor's announcements on the public finances at a live-streamed press briefing the following day.
As part of this year’s Festival of Social Science, IFS delivered a public economic talk on "The economics of higher education" aimed at final year undergraduates studying economics.
African countries could consider temporary, progressive tax reforms that have significant revenue potential whilst minimising short-term negative economic impacts, including wealth taxes, temporary increases in the top rates of personal income tax, and higher taxation of businesses and sectors that fared well during the pandemic.
In this paper, we look at why a global deal on global tax reforms was needed, explain how the reforms are likely to work in practice and set out the potential impacts of the global deal, with a focus on lower-income countries.
