Living standards, poverty and inequality in the UK: 2024
2024年7月25日 · 1. Introduction. This report explores how material living standards in the UK have evolved over the past few years. We use the latest official data, covering the years up to …
IFS | Institute for Fiscal Studies
IFS is the UK’s leading independent economics research institute. We analyse and inform economic and policy decisions with academic rigour and absolute independence.
5 Living standards, poverty and inequality in the UK: 2024 Poverty and deprivation 1. Despite the significant challenges posed first by the pandemic and then the cost-of-living crisis, poverty …
Where does the government get its money? - Institute for Fiscal …
Most UK government revenue is from tax. In 2023–24, total UK government revenue is forecast to be £1.06 trillion, or 41% of gross domestic product Gross domestic product (GDP) is a …
What does the government spend money on? - Institute for Fiscal …
The government spends huge amounts of money each year on our behalf. In 2022–23, UK government spending was almost £1,200 billion, or around £17,000 per person.
Inheritance tax explained | IFS Taxlab
Note: Includes estate duty and capital transfer tax, the predecessors of inheritance tax. Revenue is converted to 2023–24 prices using GDP deflators from November 2023. Source: …
The UK education system preserves inequality – new report
2022年9月13日 · Your education has a huge effect on your life chances. As well as being likely to lead to better wages, higher levels of education are linked with better health, wealth and even …
The future of the state pension | Institute for Fiscal Studies
2023年12月13日 · Executive summary. In this major report of the Pensions Review, led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust, we consider …
Living standards, poverty and inequality in the UK
2024年7月25日 · How have incomes changed over time? We measure household income by adding up different sources of income such as earnings from employment or self-employment, …
National Insurance contributions explained | IFS Taxlab
National Insurance contributions (NICs) are the UK’s second-biggest tax, expected to raise just under £170 billion in 2024–25 – around a sixth of all tax revenue.