Collection
Spring Budget 2023 tax related documents
All HMRC tax related documents and other announcements for Spring Budget 2023.
The Chancellor of the Exchequer, the Rt Hon. Jeremy Hunt MP, delivered Spring Budget 2023 to Parliament on 15 March 2023.
Full details of all announcements, supporting documents and information are available. Read:
- Spring Budget 2023 for full details of the announcements
- an overview of tax legislation and rates (OOTLAR) for a list of the announced tax policy measures
- the impact definitions
- Spring Finance Bill 2023 for supporting documents
Measures with effect from 15 March 2023
Tax information and impact notes
- Abolition of Lifetime Allowance and increases to Pension Tax Limits
- Aggregates Levy - exemption changes
- Air Passenger Duty: banding reforms with effect from April 2023
- Reform of the Alcohol Duty System
- Amendment to taxation of collective money purchase schemes
- Amendments to Corporate Interest Restriction
- Amendments to the Genuine Diversity of Ownership condition
- Amendments to the Qualifying Asset Holding Companies rules
- Amendments to the Real Estate Investment Trusts regime
- Approvals requirements for aerodromes
- Automatic Exchange of Information (AEOI) powers consolidation and technical amendment to the OECD Mandatory Disclosure Rules primary power
- Bilateral Safeguarding Measures
- Capital allowances: full expensing
- Capital Gains Tax: share or securities exchange
- Capital Gains Tax: disposals of joint interests in land and private residences for limited liability partnerships and Scottish partnerships
- Capital Gains Tax: transfer of assets between spouses and civil partners in the process of separating
- Capital Gains: Completion of unconditional contracts
- Changes in entitlement to use rebated fuels
- Changes to Alcohol Duty rates
- Changes to late payment penalties for Plastic Packaging Tax
- Changes to the Company Share Option Plan rules
- Climate Change Levy (CCL) rates from 1 April 2024
- Corporation Tax and Pensions Tax: Write downs for annuities products and insurers liabilities
- Double taxation relief claims: time limit
- Elective accruals basis for the carried interest rules
- Electricity Generator Levy: introduction
- Enterprise Management Incentives: Changes to the process to grant options
- Extending the cut to Fuel Duty rates
- Extension of Temporary Approvals
- First-year allowance extension for electric vehicle charge-points
- Further strengthening HMRC’s ability to implement financial sanctions
- Further tax provisions for Income Tax and Inheritance Tax in connection with the Dormant Assets Scheme
- Heavy Good Vehicle levy: new reformed levy
- Homes for Ukraine: Income Tax and Corporation Tax exemptions
- Homes for Ukraine: Property Tax exemptions and reliefs
- Improving the administration of Insurance Premium Tax
- Increase in Qualifying Care Relief
- Introduction of Customs Advance Valuation Rulings
- Introduction of the new multinational top-up tax and domestic top up tax
- Investment Zone special tax sites
- Landfill Tax rates for 2023 to 2024
- Legislating the Annual Investment Allowance at £1m
- Patent Box – consequential amendment to Patent Box deduction formula
- Pensions relief relating to net pay arrangements
- Plastic Packaging Tax rate change from 1 April 2023
- Raising standards in tax advice: protecting customers claiming tax repayments: Rendering void assignments of income tax repayments
- Reform of Research and Development Tax reliefs
- Restriction of Charitable Reliefs to UK Charities and Community Amateur Sports Clubs
- Reviews and Appeals Against Discretionary Customs Guarantees
- Simplifications for trusts and estates
- Soft Drinks Industry Levy - concentrates mixed with sugar when dispensed
- Tax checks for licence renewal applications in Scotland and Northern Ireland
- Tax treatment of payments from the Welsh Government’s Jobs Growth Wales Plus scheme
- Taxation of Lump Sum Exit Scheme payments
- Taxation of new social security benefits
- Technical changes to late payment penalties, late payment interest and repayment interest rules for VAT
- The decarbonisation allowance in the Energy Profits Levy
- Tobacco duty: changes to rates
- Trade Remedies: Reform
- Trade Remedies: Reimbursements
- Transfer pricing documentation requirements for UK businesses
- Transfers of long-term business: re-insurance
- Two year extension of the higher rates for theatre, orchestra, and museums and galleries exhibition tax reliefs
- Two year extension to Museums and Galleries Exhibition Tax Relief sunset clause
- VAT Accounting for Deposit Schemes
- Vehicle Excise Duty rates for cars, vans and motorcycles
- Venture Capital Schemes: expansion of the Seed Enterprise Investment Scheme (SEIS)
Other HMRC budget related documents
- Additional Tax Relief for Research and Development intensive small and medium sized enterprises
- Digitalising Business Rates: connecting business rates and tax data
- Expanding the cash basis
- Income Tax: Low income trusts and estates
- Simplifying and modernising HMRC's Income Tax services through the tax administration framework
- VAT energy saving materials relief – improving energy efficiency and reducing carbon emissions
Published 15 March 2023