Downloads
comm82.pdf
PDF | 362.78 KB
<p>This commentary discusses the rationale for directing financial support to families with children and assesses options for a new integrated child credit. It shows how the government intends to reform the existing system to separate out the 'adult' and 'child' components of financial support, and analyses various alternatives for how the integrated child credit could be structured to meet the costs of children in different sorts of households. It also assesses how the integrated child credit could respond to changes in income and family circumstances. In doing this, it examines the economics of financial support for children and the evidence on the 'cost' of children, and assesses both the objectives set by the government for an integrated child credit and other criteria that should be used to evaluate its eventual success.</p>
Authors
Mike Brewer
Michal Myck
Howard Reed
Report details
- DOI
- 10.1920/co.ifs.2001.0082
- ISBN
- 978-1-873357-99-6
- Publisher
- IFS
Suggested citation
M, Brewer and M, Myck and H, Reed. (2001). Financial support for families with children: options for the new integrated child credit. London: IFS. Available at: https://ifs.org.uk/publications/financial-support-families-children-options-new-integrated-child-credit (accessed: 20 April 2024).
More from IFS
Understand this issue
Spring Budget 2024: What you need to know
7 March 2024
Spring Budget 2024: the Chancellor’s options
Should we worry about government debt?
11 April 2024
Policy analysis
Recent trends in and the outlook for health-related benefits
19 April 2024
4.2 million working-age people now claiming health-related benefits, could rise by 30% by the end of the decade
19 April 2024
Oil and gas make Scotland’s underlying public finances particularly volatile and uncertain
27 March 2024
Academic research
Intertemporal income shifting and the taxation of business owner-managers
24 January 2024
Insurance, redistribution, and the inequality of lifetime income
2 November 2023
The menopause "penalty"
18 March 2024