
News – 13.03.25
Electronic Sales Suppression (ESS) Campaign
HMRC is ramping up action on ESS tool users. Stay updated on key developments, impacts, and necessary next steps for you or your clients. … Read more
Insight – 10.03.25
Essential COFA tips for stronger financial compliance
All SRA law firms need a COFA, but smaller firms may find the role challenging. Here are key insights to help navigate it. … Read more
Upcoming event – 22.05.25
Charity SORP update webinar
Book to attend our Charity SORP update webinar today … Read more
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From 9 March 2021 new Freeports in England will be launched at East Midlands Airport, Liverpool, Felixstowe, Humber, Plymouth, Thames, Teesside, and Solent and are intended to support the policy of levelling up the towns, cities and regions of the United Kingdom. Further Freeports are expected elsewhere in the UK.
Businesses on these sites will benefit from more generous tax reliefs, simplified customs procedures and wider government support, bringing investment, trade and jobs. The tax benefits include:
The measures will remain available until 30 September 2026.
The ECA and SBA changes are essentially timing changes that will bring forward deductions but do not impact long term tax liabilities. In respect of the ECA, businesses may also want to consider if the super-deductions are available instead as they offer a timing and long term tax saving.
The stamp duty and business rates relief could represent a significant tax saving for businesses looking to operate in a Freeport.
From 9 March 2021 new Freeports in England will be launched at East Midlands Airport, Liverpool, Felixstowe, Humber, Plymouth, Thames, Teesside, and Solent and are intended to support the policy of levelling up the towns, cities and regions of the United Kingdom. Further Freeports are expected elsewhere in the UK.
Businesses on these sites will benefit from more generous tax reliefs, simplified customs procedures and wider government support, bringing investment, trade and jobs. The tax benefits include:
The measures will remain available until 30 September 2026.
The ECA and SBA changes are essentially timing changes that will bring forward deductions but do not impact long term tax liabilities. In respect of the ECA, businesses may also want to consider if the super-deductions are available instead as they offer a timing and long term tax saving.
The stamp duty and business rates relief could represent a significant tax saving for businesses looking to operate in a Freeport.
Looking to invest in a Freeport site but not sure of how to apply for the tax benefits or if they will benefit your business? Please get in touch with us for more information.
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