COST SAVINGS UP TO £15M*
Freeports are special areas in the UK’s borders where different economic regulations apply. Businesses can benefit from a range of tax and customs incentives designed to boost investment, innovation and job creation.
In simple terms, it’s a smart place to do business – with real financial advantages for companies and you could be eligible for these tax benefits:
FREEPORT
*subject to building size and use
100% BUSINESS RATES RELIEF
For 5 years.
0% Employer NICs
For new employees up to a salary of £25,000 per annum for 3 years.
Full SDLT Relief
On Freehold and Leasehold transactions.
100% Capital Allowances deductible immediately
Allowing businesses to deduct the full cost of qualifying plant and machinery from their taxable profits in the year the expenditure is incurred.
humber FREEPORT
The site sits within the Goole Tax Site, part of the Humber Freeport – one of the UK’s most strategically important Freeports centred around the UK’s busiest port complex.