- Freeports are national hubs for global trade and investment and eligible businesses may benefit from tax relief alongside customs incentives and simplified planning processes. Tax reliefs available are enhanced capital allowances, enhanced structures and buildings allowances, SDLT relief, employer NIC relief and business rates relief.
- There are eight freeport locations in operation in England: East Midlands, Felixstowe & Harwich, Humber, Liverpool City Region, Plymouth, Solent, Thames and Teesside; and two in Scotland: Inverness and Cromarty Firth Green Freeport and Forth Green Freeport; and two in Wales: Anglesey Freeport (Ynys Mon) and the Celtic Freeport (in Milford Haven and Port Talbot).
- Timing: The freeports in England, green freeports in Scotland and the Celtic Freeport in Wales are now operational, with some customs sites still to be designated. Anglesey Freeport has not yet designated any tax or customs sites. Freeport tax reliefs will be available until 30 September 2031 in England and until 30 September 2034 in Scotland and Wales.
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