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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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Automatic enrolment substantially increased workplace pension participation among those working for small employers by around 45 percentage points to reach 70% of targeted employees.
In recent years, there has been renewed interest in the question of tax devolution to local government. We set out criteria which can be used to assess whether different taxes and tax powers are suitable for devolution, apply these to a range of taxes and look at how much could be raised in different parts of England from different options.
How much will you really pay for university? Does that depend on where and what you study? Are there any alternative ways to fund higher education? And how would these affect what the education system should be trying to achieve? Jack Britton recently gave a public talk at the University of Manchester on this topic, and it is now available to watch online.
Today, about 1.6 million employees aged 25 and over are paid exactly at the living wage of £7.83 an hour. That's more than three times as many as were on the minimum wage in the early 2000s, soon after it was introduced.

Events

Upcoming event
Date 03 April 2019 | 18:30 - 20:00
Location The Royal Institution, London
Availablity Few places remaining
Tax underpins everything the government does and is often used by policy makers to try to shape the economy. Tax is also central to citizens’ views on whether our society is fair. This IFS at 50 event will look at how tax has changed in recent decades, what it means to aspire to a well-designed tax system, and how taxation will have to change to address the challenges of the future.
Upcoming event
Date 15 - 17 April 2019 | 09:00 - 18:45
Location University of Warwick
Availablity Bookings closed
Several IFS researchers will be presenting their work during this year's Royal Economic Society Annual Conference in Warwick.
Upcoming event
Date 09 May 2019 | 18:30 - 22:00
Location One Birdcage Walk, London
Availablity Places available
The Institute for Fiscal Studies will be celebrating our 50th anniversary in 2019, and we'll be marking the occasion with an event and drinks reception held on the evening of 9 May 2019 in Westminster.

Publications and research

In the Spring Statement, the Chancellor gives the country an update on the health of the economy, responding to the most recent forecast from the Office for Budget Responsibility. Read our analysis here.
There have been significant changes to the way higher education is funded in England over the past 20 years, moving to a heavily loan-based system. This work estimates how government spending is distributed by subject studied and university attended, based on grants and unrepaid student loans.
The government spends an astonishing £22 billion a year on housing benefit. That dwarfs spending on the police, on overseas aid and the budgets of many entire government departments.
Throughout 2019, we'll be discussing the big issues the British economy is going to face over the next fifty years. At an event on 27 February, we looked at the future of benefits.
The statistical analysis the government cites to justify not including deprivation in the funding formula for many key services does not stand up to full scrutiny.
Eventually, we will need to make a choice: more central funding and a genuinely national set of standards, or more devolution of tax-raising powers and more acceptance of local variation.

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