This Act introduces a range of fiscal measures applicable from the financial year 2023-24, aimed at bolstering economic growth and financial stability in the UK. It details adjustments to income tax rates, corporation tax, and national insurance contributions. The Act also revises regulations on capital allowances to foster business investment and incentivises green initiatives by offering tax breaks for environmentally friendly practices. The legislation serves to address economic challenges post-pandemic and Brexit, ensuring sustained public revenue while striving to attract investment and modernise infrastructure through strategic fiscal policies.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
TAKE A FREE TRIALThis Act introduces a range of fiscal measures applicable from the financial year 2023-24, aimed at bolstering economic growth and financial stability in the UK. It details adjustments to income tax rates, corporation tax, and national insurance contributions. The Act also revises regulations on capital allowances to foster business investment and incentivises green initiatives by offering tax breaks for environmentally friendly practices. The legislation serves to address economic challenges post-pandemic and Brexit, ensuring sustained public revenue while striving to attract investment and modernise infrastructure through strategic fiscal policies.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
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