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Tax reliefs for special tax sites extended

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The UK government has launched a third investment zone in England, and has confirmed that the investment zones and freeport tax site programmes in England are to be extended from five to ten years. This means that the window to claim the tax reliefs will remain open until 30 September 2031, rather than 30 September 2026. F(No. 2)A 2023 s 332 gave ministers the power to vary the sunset date, so this change can be expected to be introduced via regulations.

Issue: 1642
Categories: News
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