How can different tax and spending policies determine the level of borrowing – the deficit or surplus – and path of debt in 2029–30?

New interactive tool from Institute for Fiscal Studies and Nesta

ifs.org.uk/election-2024/…

New Election 2024 comment from Institute for Fiscal Studies on three inheritance tax reforms that would move towards closing loopholes, making the system fairer and raising revenues

Read more:
financialfairness.org.uk/en/media-centr…

The UK looks like an “average country” in terms of how much it spends but still raises less than an average amount in tax.

New comment from Institute for Fiscal Studies as part of their general election monitoring work:

financialfairness.org.uk/en/our-work/pu…

Join us on the 16th of May 12.30-14.00 for the online launch of our new research, supported by abrdn Financial Fairness Trust, exploring the impact of criminal court fines on people on low-incomes.

Sign up here: ow.ly/5x3f50RhU5s

Today we published the report ‘Coping and hoping: Navigating the ups and downs of monthly assessment in Universal Credit’ by Rita Griffiths and Marsha Wood
➡️ bath.ac.uk/publications/c…

New report from IPR released today examines the Universal Credit monthly means-test, finding that it makes the incomes of working households with irregular and fluctuating earnings more volatile, less secure and less predictable.

Read more:

financialfairness.org.uk/en/our-work/pu…

Our funded partners at Demos have been working on a long term project looking at attitudes to inheritance tax in the UK.

Research outputs from the project can be found here: financialfairness.org.uk/en/our-work/pu…

The post-2015 freeze to working-age benefits means that Universal Credit is worth less than when it was introduced.

🆕 Analysis of 'Universal Credit Britain' published today ⤵️ resolutionfoundation.org/events/in-cred…

The average millennial has no property wealth, where as the top 10% have been building significant equity.

Financial Times column on a growing property-wealth gap from John Burn-Murdoch

ft.com/content/46d8bd…

Whether you need help identifying economic abuse, finding useful tools and resources, or just boosting your confidence – our Survivors’ Forum is a safe and confidential space to get the support you need.

Find out more and sign up ⬇️ survivingeconomicabuse.org/what-we-do/sur…

Analysis published by Scottish Parliament Information Centre using Scotland's 2021-22 Living Costs and Food Survey looks at the additional costs of disability in Scotland

spice-spotlight.scot/2024/04/09/add…

New analysis from NEF: Right now the govt and Jobcentres aim to get unemployed people into any job, as quickly as possible. This is likely to cost the govt more in the long run, and push people into insecure, low paid work. 1/3

Relative poverty is high by historic standards and is rising again in the 2020s, most markedly for children.

New briefing by Donald Hirsch on trends behind the UK's headline poverty rates.

Read more:

financialfairness.org.uk/en/our-work/pu…

Our partners at Timewise have published a blog on newly introduced flexible working rights which extend current flexible working rights to include new staff.

Read more:

timewise.co.uk/article/will-t…

The high level of the ISA allowance primarily benefits the very wealthy. Given these reported monthly saving rates, it is difficult to justify such a generous annual allowance, let alone advocate for further increases.

New briefing from Resolution Foundation

financialfairness.org.uk/en/our-work/pu…

New flexible working rights came into force today - see comment from our CEO Claire Campbell The Guardian below.

Is your org Day One Flex compliant yet? See our handy guide & checklist here ✅

timewise.co.uk/consultancy-se…

#FlexibleWorking

Official poverty statistics paint a mixed picture, but headline poverty rates are not adequately capturing the depth of deprivation facing millions across the UK.

A new briefing paper by the trust's policy advisor Donald Hirsch on headline poverty rates.

financialfairness.org.uk/en/our-work/pu…

ISAs are ineffective at raising long-term saving. When the #ISA allowance was increased between 2013-14 and 2014-15 this had no noticeable impact on aggregate household saving. Read more from the new Resolution Foundation and abrdn Financial Fairness Trust report: resolutionfoundation.org/publications/

Happy new #ISA year! Our partners Resolution Foundation have produced a new paper which finds ISAs are poorly targeted, giving vastly more tax relief to those on higher incomes. Read more: resolutionfoundation.org/publications/

6 April marks the start of the new tax year and – for the 2nd time in just four months – National Insurance rates are being cut.

About half of employees gain more from these rate cuts than they lose from freezes in tax thresholds since 2021 – but there are more freezes to come.