Government faces crunch decisions this Autumn as Universal Credit enters its ‘most difficult phase’

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Tax and Welfare

The government must get the final phase of Universal Credit (UC) right this Autumn if it’s to reboot the reputation of its flagship welfare reform programme and support millions of low income families, according to a new report published today by the Resolution Foundation. The benefits of moving focuses on the final, and in many … Continued

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Scrap Inheritance Tax and replace it with one that is fairer to families and harder to avoid

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Intergenerational Commission, Tax and Welfare

Inheritance Tax should be abolished and replaced with a new system that commands greater public support by being fairer to families and harder to avoid, according to a new report published today (Wednesday) by the Resolution Foundation for the Intergenerational Commission. Passing on, the 21st report of the Intergenerational Commission and last before it publishes its … Continued

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It’s time to properly abolish the ‘poll tax’ – by scrapping council tax

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Intergenerational Commission, Tax and Welfare

Entirely new system genuinely based on a proportion of a property’s value now desirable and feasible Council tax is outdated, regressive, and, despite being notionally based on the value of homes, functions in many ways like a poll tax – exactly the type of tax it was introduced to get away from – said the … Continued

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Just about managing families set for biggest year of benefit cuts since 2012

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Tax and Welfare

Benefit changes coming into effect from 9 April are set to save around £2.5bn – the second biggest welfare saving in a single year since the crash – and will significantly squeeze incomes of ‘just about managing’ families – according to new Resolution Foundation research published today (Sunday). While the Chancellor has downplayed the prospect … Continued

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Timely OBR report gives an authoritative account of the huge challenges facing Universal Credit

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Tax and Welfare

  Welcoming the Office for Budget Responsibility’s Welfare Trends Report published today (Thursday), which contains an authoritative account of the generosity and spending pressures associated with Universal Credit (UC) over the next five years, David Finch, Senior Economic Analyst at the Resolution Foundation, said: “Universal Credit is a huge change to our welfare state with … Continued

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The Chancellor should use Universal Credit, not the tax system, to help young people in the Budget

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Tax and Welfare

Unfreezing working age benefits next year and rebooting Universal Credit would provide a much needed living standards boost to young families as the majority of gains would go to millennials, according to a new report published today (Friday) by the Resolution Foundation. With the Chancellor under pressure to deliver an Autumn Budget that addresses the … Continued

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