The Special Tax Sites (Applicable Sunset Date) Regulations 2024

• Citation: S.I. 2024/574
• Sections: 2

Section 1 Citation and commencement

(1) These Regulations may be cited as the Special Tax Sites (Applicable Sunset Date) Regulations 2024 and come into force on 21st May 2024.

(2) In these Regulations, “ freeport ” has the meaning given by section 113(5) of the Finance Act 2021 .

Section 2 Applicable sunset date

(1) The applicable sunset date in relation to a special tax site is—

(a) 30th September 2031, in relation to a special tax site connected to a freeport in England, and

(b) 30th September 2034, in relation to all other special tax sites.

(2) A special tax site is connected to a freeport in England if—

(a) it is situated within a freeport in England, or

(b) it was considered by the Treasury at the time of designation as being used, or likely to be used, for purposes connected with activities carried on, or likely to be carried on, in a freeport in England.