questionText: To ask the Chancellor of the Exchequer, what the estimated annual cost to the public purse is of tax reliefs associated with Freeports, Special Economic Zones, Investment Zones, and Industrial Strategy Zones.
answerText: Special Economic Zones is an umbrella term that covers Industrial Strategy Zones and Enterprise Zones. The UK’s Industrial Strategy Zones include both Freeports and Investment zones. For Freeports, the latest cost in 2023-24 (excluding Business Rates) can...
heading: Freeports and Special Economic Zones: Tax Allowances