The Chancellor may have one arm tied behind his back, but there are still tax levers he can pull

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Public Finances and the Economy, Tax and Welfare

How can a government with a tenuous majority, an intra-party feud and Brexit uncertainty find the money to ‘end austerity’ on top of more than £20 billion a year it has promised for the NHS? The safe bet is that it won’t find anywhere near all of it in the Budget. This can – like … Continued

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Delaying rollout of Universal Credit is a sensible step – but fundamental reforms are still needed

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Tax and Welfare

Today we learnt that the government is preparing a package of measures for Universal Credit (UC) ahead of the upcoming Budget – but what are they changing and what difference might it make? The first thing to understand is that these changes aren’t about the fundamentals of either the generosity or operation of Universal Credit … Continued

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Universal Credit: the honesty we owe and the changes we need

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Tax and Welfare

All is not well in the land of Universal Credit (UC). Cabinet ministers are angsting in private about the challenges of rolling out this government’s single biggest domestic policy reform. Two ex-Prime Ministers are worrying in public that the benefit risks becoming a new poll tax. And Labour has (rhetorically at least) promised to scrap … Continued

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Britain is set to replace the era of austerity with a new era of tax rises

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Intergenerational Commission, Tax and Welfare

The main message that has united both main party conferences over the last fortnight is that the era of austerity is over. For Labour that means more spending on new things – from universal childcare to a mass programme of nationalisation. And for many Conservatives it means a return to what they love doing best … Continued

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