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Our goal at the Institute for Fiscal Studies is to promote effective economic and social policies by better understanding how policies affect individuals, families, businesses and the government's finances.

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The government has announced changes to the ‘two-child limit’ in tax credits and Universal Credit. However, this reform does not change the fact that, in the long-run, the policy reduces the extent to which the benefits system supports larger families.
By 2022 more than one in five families with children are set to lose at least some of their Child Benefit - up from one in eight when the policy was introduced.
There's too much distance between academic research and the work of government. That means there's still plenty of space for organisations like the IFS which can bridge the gap, 50 years after we were founded.
A healthier population is likely to be more economically productive (and to need less spending on healthcare and health-related benefits). A more prosperous society is likely to be healthier.


Upcoming event
Date 29 January 2019 | 10:30 - 12:00
Location Institute for Fiscal Studies, London
Availablity Places available
Support for low-income households in England to meet their council tax bills has now been the responsibility of councils for almost 6 years. In the face of funding cuts from central government, many have chosen to significantly cut council tax support (CTS). In many areas, even the lowest-income households have been handed local tax bills for the first time since the poll tax.
Upcoming event
Date 27 February 2019 | 18:30 - 20:00
Location The Royal Institution, London
Availablity Places available
Debates about welfare policy are invariably controversial, going right to the heart of what kind of society we want to be. This IFS at 50 event will set out the trade-offs that make this such an important and difficult area, how and why our approach has changed so radically over time, and how evidence can help us design policy better.
Upcoming event
Date 13 March 2019 | 16:00 - 18:00
Location University of Manchester
Availablity Places available
This IFS Public Talk, jointly organised with the University of Manchester, will be given by Jack Britton, Senior Research Economist at the Institute for Fiscal Studies (IFS) and will give an economist's perspective on the ongoing tuition fee debate.

Publications and research

Last week, the government published a consultation on its plans for a national 75% business rates retention from the following year, 2020–21. It shows that the funding from local taxes available in the new system is unlikely to keep pace with rising spending pressures in coming years.
In a new edition of our peer-reviewed journal 'Fiscal Studies', we publish five new papers by researchers who are world experts in issues of immigration, trade, firm performance, industrial policy and the effects of uncertainty.
Today, the Office for National Statistics has announced that it will be revising the treatment of student loans in the public finances. This is a sensible move as it aligns the accounting treatment more closely with economic reality.
Following the provisional local government finance settlement for 2019–20, we look at how the funding cuts made over the four years between 2015–16 and 2019–20 are set to vary around the country.
The failures of our economic policy in recent decades have not arisen from constraints imposed by the EU, they have been our own failures.
On average, attending higher education increases the age 29 earnings of men by 6% and women by 26%. If we focus on the impact of graduating from higher education, these returns rise to 8% and 28%.

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