Fiscal rules and frameworks

Tax devolution & Wales: a primer

Presentation

Presentation given to the Welsh Assembly Finance Committee discussing the background to good tax design, tax devolution, and the need for a new fiscal framework (including adjustments to block grant funding) to accompany tax devolution.

15 September 2016

Submission to Treasury Select Committee Inquiry: UK tax policy and the tax base

Report

This paper is a response to the House of Commons Treasury Committee's call for evidence for their inquiry into UK tax policy and the tax base.

31 March 2016

Scotland’s fiscal framework: assessing the agreement

Working Paper

This paper reviews and appraises the Fiscal Framework Agreement, with a particular focus on this issue of block grant adjustment.

22 March 2016

Personal taxes and benefits

Presentation

This presentation was given at the IFS post-Budget presentation on 17 March 2016.

17 March 2016

Fiscal targets: committing to a path of budget responsibility?

Book Chapter

In this chapter, we describe the three rules that – in theory, at least – will now constrain Mr Osborne’s fiscal plans.

8 February 2016

Risks to the rules: tax revenues

Book Chapter

This chapter looks at the risks to tax revenues regarding the Chancellor's ambitious target to eliminate the budget deficit by 2019–20 and then to continue to run budget surpluses thereafter.

8 February 2016

Risks to the rules: public spending

Book Chapter

The government intends to reach a budget surplus of 0.5% of national income in 2019–20 by increasing tax revenues over this parliament by 1.1% of national income and reducing total public spending by 3.2% of national income. Total public spending (excluding housing associations) in 2019–20 would then amount to 36.1% of national income. This would be the lowest level of public spending for 60 years, with the exception of 1999–2000 and 2000–01.

8 February 2016

Fiscal rules and risks to revenues

Presentation

This presentation was given at the launch of the IFS Green Budget 2016.

8 February 2016

The impact of the UK Government's tax, welfare and minimum wage reforms in Wales

Report

This report examines the impact of the changes to the tax and benefit system to be introduced by the UK Government between April 2015 and April 2019 in Wales and compare this to average impacts across the whole UK.

19 November 2015

Redistribution from a lifetime perspective

Event 22 September 2015 at 11:00 28 Bedford Square, London WC1B 3JS

In a new report, to be launched at this event, we will analyse redistribution from a lifetime perspective, showing how this changes our view of what impact the tax and benefit system has and what the implications are for policy design.

Redistribution from a lifetime perspective

Working Paper

This paper investigates how our impression of redistribution undertaken by the tax and benefit system changes when viewed from a lifetime perspective. To do so, the authors simulate lifecycle data designed to be representative of the experiences of the baby-boom cohort, born 1945–54.

22 September 2015

Discussion of R. Avi-Yonah, "Reinventing the wheel"

Presentation

This presentation was given as a discussion of Reuven Avi-Yonah's paper 'Reinventing the wheel: What we can learn from the Tax Reform Act of 1986' at the Oxford University Centre for Business Taxation 9th Annual Symposium in Oxford on 23 June 2015.

23 June 2015

Local housing taxation

Presentation

This presentation was given at a meeting of the Commission on Local Tax Reform held in Edinburgh on 19 May 2015.

19 May 2015

The next government should start mending the tax system

Comment

This article was published in The House magazine on 10 April 2015.

10 April 2015

IFS Green Budget 2015

Event 4 February 2015 at 10:00 <p>Dean's Yard, Westminster, London SW1P 3NZ</p>

The IFS Green Budget 2015 will analyse the issues and challenges facing Chancellor George Osborne as he prepares for his final Budget of this parliament.

IFS Green Budget 2015

Report

The report analyses the issues and challenges facing Chancellor George Osborne as he prepares for his final Budget of this parliament.

4 February 2015

The effect of UK welfare reforms on the distribution of income and work incentives

Report

This paper was presented at a workshop on 'Expenditure-based consolidation: experiences and outcomes' organised by the European Commission Directorate-General for Economic and Financial Affairs (DG ECFIN) in Brussels on 20 January 2015.

20 January 2015

Comparing the parties' spending plans

Comment

This article was published in the Times newspaper.

13 January 2015

Fiscal aims and austerity: the parties’ plans compared

Report

This election briefing note describes the government’s fiscal targets and the three main parties’ proposed fiscal stances.

19 December 2014

Housing taxation

Presentation

This presentation was given at an Economic and Social Research Council / British Academy event on 'UK housing: setting out the challenge' held in London on 29 October 2014.

29 October 2014