Freeport rate relief
What are Freeports?
Freeports are areas designated by the government where normal tax and customs rules are relaxed or do not apply. Within the freeport area businesses have access to certain tax benefits.
The objectives of the Freeport are to:
- establish freeports as national hubs for global trade and investment
- promote regeneration and job creation
- create hotbeds for innovation
Eligible businesses in the designated Freeport Tax sites may be eligible for business rate relief for up to 5 years, subject to occupation before 30 September 2026.
There is government guidance on Freeport rate relief If you are a business and interested in the opportunities the Freeport will open up, please register your interest with Solent Freeport.
For full details of our Freeport business rate relief scheme download the document below.
NNDR - Freeport Rate Relief scheme (PDF) [172KB]
Details on how to apply will appear here in due course (when the final stages of Freeport designation have been finalised).
For further information please contact us at email@example.com