Free Zones

(asked on 22nd March 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 22 March 2021 Question 170613, on Revenue and Customs: Staff, when HMRC plans to complete the development of the operational processes required to support the introduction of freeports; and if he will make a statement.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 25th March 2021

The Chancellor has set out that the first freeports will be open for business in 2021. Initial tax reliefs are planned to be implemented from April 2021 and the ambition is for freeports to be operational from Autumn 2021.

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