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<p>We recognise that in recent years the UK has seen relatively low levels of investment.
This Government has committed to increase investment through improving infrastructure.
The National Infrastructure Strategy, to be published alongside the Budget, will set
out further details of the Government’s plan to transform the UK’s infrastructure
and the Government’s long-term ambitions across transport, local growth, decarbonisation,
digital infrastructure, infrastructure finance and delivery.</p><p> </p><p>The UK
corporate tax regime is highly competitive, with the lowest rate of corporation tax
in the G20. Beyond this, businesses are benefitting from enhanced tax incentives,
including the recent introduction of the Structures and Buildings Allowance (SBA),
and a temporary increase in the Annual Investment Allowance to £1 million.</p>
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