Chancellor George Osborne is set to claim that UK workers and businesses will benefit from the biggest tax cuts in a generation.
Measures include the rise in the income tax personal allowance to £10,000, which comes into effect on Sunday, along with the employment allowance which cuts employers' National Insurance contributions by up to £2,000.
On Tuesday, the corporation tax rate will be cut by 1% to 21% and reforms to business rates will be introduced. The annual investment allowance for firms will be doubled to £500,000.
But the Chancellor will also highlight the introduction of a tough new welfare regime from next week "imposing more conditions on those claiming the dole".
In a speech later today, Mr Osborne will say that Sunday will be "the culmination of this week that sees the biggest reduction of business and personal tax in two decades".
However, he will say that "it's no good creating jobs - if we're also paying people to stay on welfare".
"We inherited a welfare system that didn't work. There was not enough help for those looking for a job - people were just parked on benefits.
Mr Osborne will deliver a speech in Essex later "Frankly, there was not enough pressure to get a job - some people could just sign on and get almost as much money staying at home as going out to work.
"That's not fair to them - because they get trapped in poverty and their aspirations are squashed.
"It's certainly not fair to taxpayers like you, who get up, go out to work, pay your taxes and pay for those benefits.
"So if Tuesday is when we help businesses creating jobs; and Sunday is when we help hard-working people with jobs; next Monday is when we do more to encourage people without jobs to find them."
The welfare measures include the Help to Work scheme, which requires the long-term jobless to work for their benefits.
But shadow Treasury chief secretary Chris Leslie accused Mr Osborne of "giving with one hand, but taking away much more with the other".
He said: "Analysis of figures from the IFS (Institute of Financial Services) shows that households are already £900 a year worse off because of all tax and benefit changes since 2010."
He added: "Labour would deal with the cost-of -living crisis by freezing energy bills, cutting business rates for small firms and expanding free childcare for working parents. We also want to cut taxes for 24 million people on middle and lower incomes by introducing a lower 10p starting rate of tax."
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