Investment zones were initially announced in the “mini-budget” in 2023 as a means to incentivise growth and investment in specific parts of the UK. Following the announcement at the Autumn Statement 2022 that the initial expressions of interest would not be taken forward, a refocused policy to use investment zones to catalyse 12 high-potential knowledge-intensive growth clusters across the UK was announced at Spring Budget 2023.
- Location
- Industry focus
- Tax benefits
- Additional benefits
Source: ICAEW
Latest Posts in "United Kingdom"
- Updated Form VAT2: Partnership Registration Now Requires Each Partner’s Date of Birth
- Lowering VAT Threshold Risks Breaching Labour’s Manifesto, Warns Self-Employed Association
- UK Court Denies Casino’s Appeal for Alternative VAT Calculation, Blocking Tax Reduction
- Looking Again At Options To Tax supplies of land or buildings
- High Court Rules Curaçao Bank Unaware of £220m VAT Fraud, Dismissing Liquidators’ Claims
