TAXBEN: The IFS tax and benefit microsimulation model

Tom Waters

Published on 15 November 2017

TAXBEN is the IFS’s tax and benefit microsimulation model, which calculates the impact of tax and benefit policy on households. It is used heavily in IFS’s work on the impacts of tax and benefit policy. This document gives a high level summary of TAXBEN, covering what policies and effects it does and does not include, and its limitations.

TAXBEN is the IFS’s tax and benefit microsimulation model, which calculates the impact of tax and benefit policy on households. It is used heavily in IFS’s work on the impacts of tax and benefit policy. This document gives a high level summary of TAXBEN, covering what policies and effects it does and does not include, and its limitations.

Authors

Tom Waters

Associate Director

Tom is an Associate Director at the IFS and Head of the Income, Work and Welfare sector.