Abstract:
This report presents projections of relative and absolute income poverty among children and working-age adults in every year to 2016-17, and in 2020-21. The aim is to estimate the implications for household incomes- and hence, income poverty- of what we know about tax and benefit policy and current forecasts for the macroeconomy. As well as updating previous IFS projections of household incomes and poverty at the UK level, it extends this analysis by showing projections for Northern Ireland (and, in an appendix, for England and Wales and for Scotland). This report was funded by the Office for the First Minister and deputy First Minister, Northern Ireland and the ESRC Centre for the Microeconomic Analysis of Public Policy.