Were we really all in it together? The distributional effects of the UK Coalition government's tax-benefit policy changes

This paper examines the distributional impacts of the changes to benefits, tax credits, pensions and direct (but not indirect) taxes between the systems in place in May 2010 at the time of the Election and in 2014/15. It also looks ahead to the longer-term effects of already announced changes and plans, such as the complete introduction of Universal Credit and changes to the ways benefits, pensions and tax brackets are changed (indexed) from year to year, modelling what effects these would have by 2019/20.