Alongside announcing the location of the first three Freeport sites to commence operating in November 2021 – Humber, Teesside and Thames, the UK Government has announced that it will legislate to introduce a free zone exit charge, a change to the previously announced VAT rules for Freeports, comments BDO’s Michael Simms, Partner, Head of Transport.
Visit BDO’s Freeport hub, which includes the latest news on Freeports as well as articles and answers to all sector, stream and UK-wide Freeport related questions. Some of these include:
What is the latest news on Freeports?
What are the tax incentives associated with Freeports?
