Freeports and Special Economic Zones: Tax Allowances
Commons · Question 7272 · Tabled 5 Jun 2026 · Treasury · Official record
Answered 15 Jun 2026
Question
Asked by Iqbal Mohamed
To ask the Chancellor of the Exchequer, what the estimated annual cost to the public purse is of tax reliefs associated with Freeports, Special Economic Zones, Investment Zones, and Industrial Strategy Zones.
Answer
Answered by Dan Tomlinson, 15 Jun 2026
Special Economic Zones is an umbrella term that covers Industrial Strategy Zones and Enterprise Zones. The UK’s Industrial Strategy Zones include both Freeports and Investment zones. For Freeports, the latest cost in 2023-24 (excluding Business Rates) can...