The Designation of Freeport Tax Sites (Freeport East) Regulations, SI 2021/1389 designate the following areas as freeport tax sites within Freeport East with effect from 30 December 2021:
Tax site 1: Harwich Tax Site Tendring;
Tax site 2: Gateway 14, Mid-Suffolk;
Tax site 3: Felixstowe Tax Site, East Suffolk.
Tax reliefs available in freeport tax sites include:
100% first-year allowances for companies incurring qualifying expenditure on plant or machinery for use primarily in the freeport tax site (CAA 2001 ss 45O–45R);
enhanced 10% rate of structures and buildings allowance for qualifying expenditure on structures and buildings situated in the freeport tax site (CAA 2001 ss 270BNA–270BNC);
relief from stamp duty land tax for qualifying acquisitions of land situated in the freeport tax site (FA 2003 s 61A and Sch 6C);
zero rate of secondary Class 1 NICs for qualifying employments (NICs Bill 2022 clauses 1–4); and
The Designation of Freeport Tax Sites (Freeport East) Regulations, SI 2021/1389 designate the following areas as freeport tax sites within Freeport East with effect from 30 December 2021:
Tax site 1: Harwich Tax Site Tendring;
Tax site 2: Gateway 14, Mid-Suffolk;
Tax site 3: Felixstowe Tax Site, East Suffolk.
Tax reliefs available in freeport tax sites include:
100% first-year allowances for companies incurring qualifying expenditure on plant or machinery for use primarily in the freeport tax site (CAA 2001 ss 45O–45R);
enhanced 10% rate of structures and buildings allowance for qualifying expenditure on structures and buildings situated in the freeport tax site (CAA 2001 ss 270BNA–270BNC);
relief from stamp duty land tax for qualifying acquisitions of land situated in the freeport tax site (FA 2003 s 61A and Sch 6C);
zero rate of secondary Class 1 NICs for qualifying employments (NICs Bill 2022 clauses 1–4); and
