Key points from Chancellor Jeremy Hunt’s 2023 Budget
Companies able to deduct investment in new machinery and technology to lower their taxable profits
Tax breaks and other benefits for 12 new Investment Zones across the UK, funded by £80m each over the next five years Reduced paperwork for international traders, who will also be given longer to submit customs forms under streamlined rulesPrison sentences for those convicted of marketing tax avoidance schemesAn extra £10m over next two years for charities in England helping to prevent suicide£900m for new super computer facility, to help UK's AI industry.
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