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Special tax sites

Particular tax treatment is in place for ‘special tax sites’. Special tax sites are defined as freeports and investment zones. A list of the sites is included in the First year allowances guidance note

Enhanced tax reliefs at special tax sites include:

1. •

   enhanced rates of structures and building allowance ― see the Structures and buildings allowance guidance note

2. •

   enhanced capital allowances for companies investing in plant and machinery ― see the Capital allowances ― overview and First year allowances guidance notes

3. •

   SDLT relief ― see the Stamp duty land tax ― basic rules for companies guidance note

4. •

   business rates relief

5. •

   zero-rate of secondary NIC for special tax site employees ― see below