The Finance Act 2024 introduces significant changes to the UK's tax and financial regulations, aiming to enhance fiscal transparency, stimulate economic growth, and address emerging challenges.
The Finance Act 2024 encompasses a wide range of measures aimed at simplifying the tax system, reducing tax burdens, and promoting investment and innovation. Key provisions include changes to corporate tax rates, capital allowances, and the introduction of a Digital Services Tax (DST) on certain digital businesses.