Assistant Economist

3 weeks ago

London, United Kingdom HM Treasury Full time

**Details**:
**Reference number**:

- 266010**Salary**:

- £29,970 - £38,500-
**Job grade**:

- Higher Executive Officer
- Senior Executive Officer- This is a Range D post. Successful HEO and SEO applicants will transfer on a level basis**Contract type**:

- Permanent**Business area**:

- HMT - Personal Tax, Welfare and Pensions - Personal Tax team**Type of role**:

- Analytical
- Economist**Working pattern**:

- Flexible working, Full-time, Job share, Part-time**Number of jobs available**:

- 1Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- The post can be based in London (1 Horse Guards Road) or Darlington (Feethams House)About the job

**Job summary**:
**About HM Treasury**

If you’re interested in making a difference to people’s lives across the country, the Treasury is the department for you We sit at the centre of everything that the Government does and have provided advice on economic policy and decisions that affect the public finances throughout the country’s history. A Treasury career continues to offer an exciting opportunity to be part of the decision making that affects the whole of the UK.

Working at the heart of government, we collaborate with other departments to ensure public money is spent well and to drive strong and sustainable economic growth. Our work ranges from protecting customers through to the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, supporting people across the country through the COVID 19 furlough scheme and Plan for Jobs as well as helping first time buyers buy their first home.
- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, gender, age ethnicity, LGBT+ identity and socio-economic status.

The Darlington Economic Campus is a pioneering new cross-government hub which will bring people together across departments and public organisations to play an active role in the most important issues of the day.

HM Treasury in Darlington will be joined by the Department for International Trade, the Department for Business, Energy and Industrial Strategy, the Office for National Statistics, the Department for Levelling Up, Housing and Communities, the Competition and Markets Authority, the Department for Education and the Department for Digital, Culture, Media and Sport.

**Job description**:
**About the Group**

**Personal Tax, Welfare and Pensions**

We work to create a tax and welfare system which supports the government’s goals of deficit reduction, economic growth and fairness. In doing so, we look after high profile areas including personal taxes, labour markets, welfare, tax administration, pensions, and savings. We also coordinate spending controls for both HM Revenue & Customs and the Department for Work and Pensions. The Group also has a wider role to assess the overall impact of changes made to taxes and benefit on households across the UK.

Our work means that we are often at the centre of ministers’ decision making, and we play an important part in the Budget and the Spending Review. Our group works closely with colleagues at HMRC, DWP and the Prime Minister’s office, and with a wide variety of external stakeholders.

**About the Team**

**Personal Tax**

Personal Tax (PT) is a team of over 20 responsible for advising ministers on income tax, National Insurance contributions, inheritance tax and all other aspects of the personal tax system. With overall personal tax receipts totalling over £300bn, these issues are of fundamental fiscal and economic importance to the Treasury - and of critical political importance to the Chancellor and other Ministers.

The team leads on personal tax announcements at the annual Budget and is also responsible for the government’s longer-term strategy on personal taxation and its links with other areas of the tax and welfare systems. These issues receive a high level of public attention and are widely covered in the press and media. The team has delivered key Government policies at Autumn Statements and Budgets over the past few years such as:

- Within income tax, increasing the personal allowance to £12,570 and the higher rate threshold to £50,270 in 2021-22 and then freezing those thresholds until 2027-28.
- The introduction (and subsequent reversal) of the Health and Social Care Levy.
- Introducing and then increasing the National Insurance Employment Allowance relief.

**About the Role**

This role would suit an economist looking to work in a high-profile and fast paced area of government policy It will reward those who enjoy investigating the links between policy and the wider economy, and who like their analysis to influence policy decisions.

The role sits in the Strategy & Economics Team within Personal Tax and provides analytical input and advice into tax policymaking. We work across the full range of personal taxes: income tax, National Insu

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