Statutory Instruments
2026 No. 90
CORPORATION TAX
INCOME TAX
The Designation of Special Tax Sites (North East of Scotland Investment Zone) Regulations 2026
Made
3rd February 2026
Laid before the House of Commons
5th February 2026
Coming into force
26th February 2026
The Treasury make these 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 an investment zone 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 an investment zone(2).
Citation, commencement and interpretation
1.—(1) These Regulations may be cited as the Designation of Special Tax Sites (North East of Scotland Investment Zone) Regulations 2026 and come into force on 26th February 2026.
(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 special tax sites
2.—(1) The following areas are designated as special areas(3) for the purposes referred to in section 113(1) of the Finance Act 2021—
(a) the areas shown edged and hatched in red on the map entitled “Aberdeen Energy Transition Zone Tax Site” and dated 12th November 2025;
(b) the area shown edged and hatched in red on the map entitled “Peterhead Port Tax Site” and dated 12th November 2025;
(c) the areas shown edged and hatched in red on the map entitled “Peterhead Upperton Tax Site” and dated 12th November 2025.
(2) The designations made by paragraph (1) take effect on 26th February 2026.
Gen Kitchen
Christian Wakeford
Two of the Lords Commissioners of His Majesty’s Treasury
3rd February 2026
2021 c. 26. Section 113 was amended by section 331 of, and paragraph 19 of Schedule 23 to, the Finance (No. 2) Act 2023 (c. 30).
“Investment zone” is defined in section 113(5) of the Finance Act 2021 (“FA 2021”). The relevant investment zone for this designation is the area which is identified edged in blue on the map entitled “Overview Map - North East of Scotland Investment Zone” and dated 17th December 2025, 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-investment-zones. 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 “special tax sites” under section 113(3) of FA 2021. The maps referred to in the designations made by regulation 2(1) of these Regulations are all available electronically at https://www.gov.uk/government/publications/maps-of-north-east-scotland-investment-zone-tax-sites. A person unable to access the documents electronically can arrange access to hard copies by inspection free of charge at 1 Horse Guards Road, London SW1A 2HQ.