Last month we covered the government's plans for the biggest programme of tax rises since the 1970s. With this change, it's best to be prepared if you're looking for investment opportunities.

Here are the tax-efficient investment allowances that you need to know about…

Since the pandemic, Britain's budget deficit has hit a peacetime high. This is a record reaching 4% of the gross domestic product in a year, due to COVID-related spending.

This has prompted the biggest programme of tax rises since the 1970s to help narrow the gap.

So, what happens next?