Tax breaks and government grants will be given to 12 new investment zones in a £960m programme to support innovation

Tax advisers promoting tax avoidance schemes are likely to face criminal action as Chancellor plans to introduce tough legislation in the Budget

The chancellor’s plans for a corporation tax hike will make the UK a ‘significantly worse place to do business’

While a u-turn on corporation tax seems unlikely, there are calls to increase the profit limit to reduce the impact on smaller businesses and more certainty on business tax reliefs and capital allowances

In a hearing before the Treasury Committee, a director of the Office of Tax Simplification (OTS) told MPs that the former Chancellor Kwasi Kwarteng decided to close the independent body without justification

HMRC workers have voted to strike over pay and pensions on 15 March, the day of the Budget

The UK has reached an agreement with the EU to address trade problems with the Northern Ireland Protocol, creating the Windsor Framework

A group of trade associations have written to the Chancellor calling for a green super-deduction tax relief to replace the existing programme when it ends in March

The UK will become an ‘innovation wasteland’ if the government does not change its decision to cut the R&D tax relief scheme for small businesses

Chancellor Jeremy Hunt has outlined plans to boost the UK economy while stressing that tax cuts will not happen until inflation is under control

There is a small respite for the hospitality sector as the freeze to UK alcohol duty rates has been extended six months to 1 August 2023

The Treasury has confirmed that the Spring Budget will be held on 15 March 2023