Statutory Instruments
2022 No. 184
Income Tax
Corporation Tax
Stamp Duty Land Tax, England
The Designation of Freeport Tax Sites (East Midlands Freeport) Regulations 2022
Made
28th February 2022
Laid before the House of Commons
1st March 2022
Coming into force
22nd March 2022
The Treasury make the following Regulations in exercise of the powers conferred by section 113 of the Finance Act 2021( 1 ).
The areas designated by these Regulations are either situated in a freeport or considered by the Treasury as being used, or likely to be used, for purposes connected with activities carried on, or likely to be carried on, in a freeport( 2 ).
Citation, commencement and interpretation
1. —(1) These Regulations may be cited as the Designation of Freeport Tax Sites (East Midlands Freeport) Regulations 2022 and come into force on 22nd March 2022.
(2) In these Regulations, a reference to an area “shown edged and hatched in red” on a map is a reference to the hatched area extending up to the red edging, but not including the red edging itself.
Designation of freeport tax sites
2. —(1) The following areas are designated as special areas( 3 ) for the purposes referred to in section 113(1)(a), (b) and (c) of the Finance Act 2021—
(a) the areas shown edged and hatched in red on the map entitled “East Midlands Gateway and Industrial Cluster Tax Site” and dated 9th February 2022( 4 );
(b) the area shown edged and hatched in red on the map entitled “East Midlands Intermodal Park (EMIP) Tax Site” and dated 3rd November 2021( 5 );
(c) the area shown edged and hatched in red on the map entitled “Ratcliffe on Soar Tax Site” and dated 21st February 2022( 6 ).
(2) The designations made by paragraph (1) take effect on 22nd March 2022.
Rebecca Harris
Michael Tomlinson
Two of the Lords Commissioners of Her Majesty’s Treasury
28th February 2022
“Freeport” is defined in section 113(5) of the Finance Act 2021 (“FA 2021”). The relevant freeport for this designation is the area known as the “East Midlands Freeport”, which is identified edged in blue on the map entitled “East Midlands Freeport Location and Tax Sites” and dated 9th February 2022, published with the consent of the Treasury for the purposes of section 113 of FA 2021. The map is available electronically at https://www.gov.uk/government/publications/maps-of-uk-freeports . A person unable to access the document electronically can arrange access to a hard copy by inspection free of charge at 1 Horse Guards Road, London SW1A 2HQ.
Areas so designated are known as “freeport tax sites” under section 113(3) of FA 2021.
The map entitled “East Midlands Gateway and Industrial Cluster Tax Site” and dated 9th February 2022 is available electronically at https://www.gov.uk/government/publications/maps-of-east-midlands-freeport-tax-sites . A person unable to access the document electronically can arrange access to a hard copy by inspection free of charge at 1 Horse Guards Road, London SW1A 2HQ. The areas designated are known as the “East Midlands Gateway and Industrial Cluster (EMAGIC) Tax Site”.
The map entitled “East Midlands Intermodal Park (EMIP) Tax Site” and dated 3rd November 2021 is available electronically at https://www.gov.uk/government/publications/maps-of-east-midlands-freeport-tax-sites . A person unable to access the document electronically can arrange access to a hard copy by inspection free of charge at 1 Horse Guards Road, London SW1A 2HQ. The area designated is known as the “East Midlands Intermodal Park (EMIP) Tax Site”.
The map entitled “Ratcliffe on Soar Tax Site” and dated 21st February 2022 is available electronically at https://www.gov.uk/government/publications/maps-of-east-midlands-freeport-tax-sites . A person unable to access the document electronically can arrange access to a hard copy by inspection free of charge at 1 Horse Guards Road, London SW1A 2HQ. The area designated is known as the “Ratcliffe on Soar Tax Site”.