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PKF UK and Ireland

The fastest growing major accountancy network in the UK and Ireland

A global family of legally
independent firms

Budget 2021: Freeports

07 Apr 2021

The UK Government announced in its Budget on 3 March 2021 that eight new Freeports are to be created in England. Usually located around shipping ports or airports, Freeports, sometimes known as free trade zones, are designated areas where businesses can benefit from more generous tax reliefs, simplified customs procedures and wider Government support.



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