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Free Zone (Customs Site No 1 Forth) Designation Order, SI 2025/26

This Order designates Customs Site No 1 within the Forth Green Freeport in Scotland as a customs free zone. Designation has effect from 14 January 2025 for a period of 10 years.

Free zones are secure customs zones located within a freeport where business can be carried out inside the UK's land border, but where different customs, VAT and excise rules apply. The VAT, customs duty and excise duty rules which apply for UK free zones are set out primarily in the Free Zones (Customs, Excise and VAT) Regulations, SI 2021/1156.

See De Voil Indirect Tax Service V3.321 and V17.140.

Updates issued on Pillar One

The Co-Chairs of the Inclusive Framework on BEPS (IF) have issued a progress update on Pillar One:

1. •

   amount A (allocation of taxing rights): the update recaps work leading to the revised multilateral convention text for adoption, and confirms the current position of majority support but with some objections remaining around lack of consensus having