Finding some relief: the case for applying fiscal discipline to tax expenditures

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Tax and Welfare

Since becoming Chancellor in 2010, George Osborne has introduced a range of institutional changes to lock-in budget scrutiny, reduce borrowing and restrain welfare spending. But in relation to public ‘spending’ in the form of special tax rules or reliefs for particular groups, evaluation of value for money remains as weak as ever. Using a narrow … Continued

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Will future tax cuts reach struggling working households?

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Tax and Welfare

This briefing looks at how exactly tax cuts interact with Universal Credit and quantifies how little low to middle income working households will keep from a higher personal allowance or a 10p tax rate under UC. It also suggests a simple way in which the Government could ensure that the benefits of tax cuts do … Continued

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