Income tax will be the main focus of what could be George Osborne's final Budget as he plans to raise the personal allowance and scrap annual returns.
The Chancellor has insisted there will be "no gimmicks or giveaways" but the Tories hope his speech will kick-start the party's election campaign.
An improvement in economic forecasts will see him allocate £2bn to raise the personal tax allowance from £10,600 to £11,000.
Mr Osborne will also announce plans to scrap the annual tax return - affecting more than 12 million professionals.
Digital tax accounts will be created for all individuals and small businesses which can be accessed at all times from a smartphone, computer or iPad.
Older voters have already been promised further changes to pensions, allowing five million people with existing annuities the right to cash them in from next year.
Businesses will also hope to see announcements on passenger air duty, reductions in charges on North Sea energy firms and measures to encourage research and development.
The Chancellor will use the Budget to give voters more details on what the Conservatives would do if they win the General Election on 7 May.
A Sky News projection, following analysis of the latest polls, suggests a hung parliament with the two parties virtually neck and neck.
These will include taking more people out of inheritance tax and raising the higher rate tax threshold to £50,000.
Mr Osborne will say: "The critical choice facing the country now is this: do we return to the chaos of the past?
"Or do we say to the British people, let's work through the plan that is delivering for you?
"Today we make that critical choice: we choose the future. We have a plan that is working - and this is a Budget that works for you."
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