Behavioural responses to the tax and benefit system -

The design of the tax and benefit system has important impacts on the decisions made by individuals, households, and companies. Over the past 40 years, IFS researchers have been at the forefront of efforts to understand these effects, making seminal contributions to our knowledge of how the tax and benefit system affects how much women choose to work, save, study, and invest in skills. Recent work examines subjects as diverse as how fat taxes affect household consumption, what effect corporation tax has on the location decisions of firms, and how top incomes respond to higher taxes.