A new annual report for the UKMOD tax-benefit model has been published, covering the years 2020-2026. The report contains a description of the UK tax-benefit system, and how it is modelled in UKMOD, the free tax-benefit calculator developed and maintained at CeMPA. It also contains a description of the input data, and validation against external statistics.

The report makes use of the latest publicly available release of UKMOD.

UKMOD benefits from the support of the abrdn Financial Fairness Trust. abrdn Financial Fairness Trust funds research, policy work and campaigning activities to tackle financial problems and improve living standards for people on low-to-middle incomes in the UK. It is an independent charitable trust registered in Scotland (SC040877).