|Date:||24 December 2004|
The Chancellor made his Pre-Budget statement on Thursday 2nd December. IFS held a briefing on the following day, Friday 3rd December.
Slides from the briefing can be downloaded here:
The IFS Green Budget 2004 examines the Chancellor's options for the Budget. Areas covered include the public finances and spending plans, the case for converging income tax with National Insurance, a discussion of distributional analysis, child poverty, company taxation, the taxation of housing and how to measure public sector performance.
A new briefing note looks at how the government could move forward in supporting innovation and technology transfer. Another recent piece of work, undertaken with funding from the Advanced Institute of Management, considers recent trends in specialisation, outsourcing and offshoring of business services.
Our briefing notes, A survey of the UK tax system (Briefing Note 9, updated November 2004), A survey of the UK benefit system (Briefing Note 13, updated November 2004) and the new A survey of public spending in the UK (Briefing Note 43, September 2004) include changes implemented after the 2004 Budget. Another briefing note, The government's fiscal rules, describes the government's two fiscal rules and discusses the uncertainty inherent in forecasting the public finances.