Specialist Tax News

New year, new opportunities

In his Spring 2021 Budget the Chancellor announced that there would be 8 “Freeports” in England with generous tax breaks to encourage businesses to set up and invest in those areas. The devolved governments will also be announcing locations in Scotland, Wales and Northern Ireland in due course.

The proposed locations of the freeports can be found here: https://www.gov.uk/guidance/freeports#where-are-they-located