The Institute for Fiscal Studies (IFS) is an independent research institute based in the United Kingdom. Established in 1969, it focuses on analyzing economic and fiscal policies, providing insights into public finance, taxation, and welfare. The IFS aims to inform policymakers and the public through rigorous research and data analysis. The IFS is known for its impartial approach and expertise in evaluating the impact of government policies on different income groups. Its work often influences debates on economic issues, making it a key player in discussions about the UK’s economy and public services.