The report looks at the issues and challenges facing Chancellor Philip Hammond as he prepares for his Budget later in October.
When a government plans to pass a law, it often publishes a green paper. This is an opportunity to share its thinking and provoke discussion.
The Budget, or Finance Bill, is a law Parliament passes to renew taxes, propose new taxes, and maintain the administration of the tax system. The Chancellor writes the Budget in secret. There’s no green paper. This means important decisions about taxes, spending and public policy are made without consultation.
Since the 1980s, we’ve provided independent analysis of the state of the public finances and the kinds of choices the Chancellor faces ahead of the Budget. Our Research Economist Christine Farquharson, one of this year's editors, outlines what we'll look at this year.
You can tune in via live stream right here, and read our previous Green Budgets below.
What’s the Chancellor talking about? Our Associate Director Carl Emmerson explains.
The IFS Green Budget 2017, in association with ICAEW and funded by the Nuffield Foundation, was held at Guildhall. Watch the presentations below.