This is the eleventh in a series of lectures and debates being organised by the CIOT and the IFS to promote debate among policy-makers, opinion-formers and the wider tax and economics communities on the future of the UK and international tax systems.
The prolonged period of squeezed living standards, and the changing nature of poverty, has led to the problem of low pay - and how best to address it - increasingly dominating the domestic policy agenda.
On Wednesday 14 March IFS researchers will present their analysis of the public finances, putting them in the context of recent trends, and will respond to announcements on policy made by the Chancellor.
Governments in low- and middle-income countries (LMICs) need to raise sufficient tax revenues in order to invest in human and physical capital and expand social protection programmes. Such investments will be vital to the achievement of the Sustainable Development Goals. But effective tax systems are about more than raising revenue, and understanding the distributional and behavioural impacts of policies is vital if policymakers are to ensure that their tax systems support inclusive growth and avoid potentially damaging economic distortions.