Statutory Instruments
Income Tax
Corporation Tax
Stamp Duty Land Tax, England
Made
28th October 2021
Laid before the House of Commons
29th October 2021
Coming into force
19th November 2021
The Treasury make the following Regulations in exercise of the powers conferred by section 113 of the Finance Act 2021(1).
The areas designated by these Regulations are either situated in a freeport or considered by the Treasury as being used, or likely to be used, for purposes connected with activities carried on, or likely to be carried on, in a freeport(2).
“Freeport” is defined in section 113(5) of the Finance Act 2021 (“FA 2021”). The relevant freeport for this designation is the area known as the “Teesside Freeport”, which is identified edged in blue on the map entitled “Teesside Freeport” and dated 11th October 2021, published with the consent of the Treasury for the purposes of section 113 of FA 2021. The map is available electronically at https://www.gov.uk/government/publications/maps-of-uk-freeports. A person unable to access the document electronically can arrange access to a hard copy by inspection free of charge at 1 Horse Guards Road, London SW1A 2HQ.