The UK is in a fiscal bind and it is likely that the Chancellor Rachel Reeves will return with another tax-raising Budget on 26 November, according to the Institute of Fiscal Studies (IFS). One much-asked question is whether Ms Reeves will be able to raise large sums without breaking Labour’s
Institute For Fiscal Studies
The increasing size of inheritances means people’s overall wealth is more likely to be determined by their parents’ assets rather than their own earnings, according to new research published by the Institute for Fiscal Studies (IFS).
The Scottish Government has used its devolved tax and benefit powers to craft a more progressive system than is in place in the rest of the UK, according to the latest study by the Institute for Fiscal Studies (IFS).
The Labour Party intends to force individuals who earn £1 million and above to publish their tax returns. If this plan becomes law 21,000 Brits will be affected, according to calculations by the Institute for Fiscal Studies (IFS).
Plans issued by the Conservatives and Labour parties to raise the minimum wage rates would result in a pay boost for millions of people, according to the Institute for Fiscal Studies (IFS).