Top of the Charts: Yellow jackets

Published on by

Tax and Welfare

Sign up for our weekly Top of the Charts emails here   Afternoon all,   Welcome to 2019, a year which seems to have decided to use its first week to remind us that we are an island nation. I’ve not seen much news in recent days, but from the headlines I gather we’re spending our … Continued

READ MORE

How wealth taxes can raise billions more without scaring any horses

Published on by

Tax and Welfare

Raising taxes is never easy. Raising taxes with the government’s slim parliamentary majority is harder still. Raising taxes on wealth in those circumstances, given our diverging senses of fairness is…  not a walk in the park. But that doesn’t mean it doesn’t need doing, and the good news is that significant progress can be made … Continued

READ MORE

Boosting benefit take-up is critical to the success of Universal Credit, but we might not be able to measure whether it’s working

Published on by

Tax and Welfare

Benefit take-up rates matter. A lot. If households aren’t actually receiving the benefits that government policy entitles them to, their incomes will be lower and the social safety net will not work as intended. The government’s own estimates of benefits take-up suggest that billions of pounds worth of benefits probably go unclaimed each year. Take-up … Continued

READ MORE

Three steps to make it a happier new year for Universal Credit

Published on by

Tax and Welfare

Universal Credit (UC) was a surprise contender for one of the big stories of the Budget, with the Chancellor announcing a welcome reinjection of cash into the system. UC has (finally) hit another important milestone too ­– as of December 2018, it is on offer to all new claimants of working-age benefits in jobcentres across … Continued

READ MORE

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

Published on by

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

READ MORE