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Home Research areas Tax and benefit system Research by area of tax VAT and excise duties

VAT and excise duties

Together, VAT and excise duties contribute around 1 in every 4 pounds raised by the UK government in tax – equivalent to around 10% of GDP. Getting the design and implementation of these taxes right is therefore very important, as is understanding their impact on consumers and the economy more broadly.

Our research examines the revenue, distributional and behavioural effect of VAT and excise duties, and the implications for the design of these taxes. We have also examined in detail the operation of the EU VAT system and its effects on trade and the single market, and have explored the role of VAT as a device for economic stimulus (such as with the temporary VAT cut in 2009). More recently, we have explored the role of VAT and duties in developing countries, where they are often an even more important source of revenue than in the UK.

Contacts

Contact IFS on 020 7291 4800 or mailbox@ifs.org.uk

Stuart Adam
Senior Research Economist
David Phillips
Associate Director
Barra Roantree
Research Economist
Barra Roantree